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This paper examines the importance of competition in innovation and the growth of firms. We make use of the large …-scale natural experiment of the shift from an economic system without competition to a market economy to shed light on the factors … growth than firms facing a minimum of rivalry. The presence of competitors has both a direct effect on performance, and an …
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characterising many industries has undergone profound change. It is suggested that rivalry is not necessarily enacted by individual … rivalry in intraindustry environments. Derived in large from the social sciences, network theory allows for the micro and … has yet to empirically investigate the relationship between strategic networks and rivalry. The limited research that has …
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Economic theorists have seldom discussed the social structures behind markets, even though market trading relies heavily on seller/buyer roles and personal relations among traders. This paper considers the structural basis of markets and proposes a layered approach which accommodates a wide...
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