The purpose of this paper is to develop a joint analysis of the organizational and financial flexibility of the innovative firm. In this way, we complete by determinants linked to financing factors the choice between integration and inter-firms co-operative agreements. We deduce the superiority of co-operation to resolve the specialization-adaptability dilemma which faced the innovative firm.
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Paper provided by CERDI in its series Working Papers with number
199814.
Length: 20 Date of creation: 1998 Date of revision: Handle: RePEc:cdi:wpaper:82
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