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Innovation and Competition: The Role of Finance Constraints in a Duopoly Case

Author

Listed:
  • Mario Amendola

    (Dipartimento di Scienze Sociali ed Economiche)

  • Jean-Luc Gaffard
  • Patrick Musso

    (Groupe de Recherche en Droit, Economie et Gestion)

Abstract

In this paper we analyse the role of financial resources in a process of competition interpreted as a continuous restructuring of productive capacities. Financial constraints appear an essential means of co-ordination. Co-ordination with the environment where this process of restructuring takes place for the process itself to be viable and co-ordination between firms for the survival of competition.

Suggested Citation

  • Mario Amendola & Jean-Luc Gaffard & Patrick Musso, 2003. "Innovation and Competition: The Role of Finance Constraints in a Duopoly Case," Sciences Po publications info:hdl:2441/6520, Sciences Po.
  • Handle: RePEc:spo:wpmain:info:hdl:2441/6520
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    File URL: http://spire.sciencespo.fr/hdl:/2441/6520/resources/5-amendola.pdf
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    References listed on IDEAS

    as
    1. Jean Tirole, 1988. "The Theory of Industrial Organization," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262200716, January.
    2. Amendola, Mario & Gaffard, Jean-Luc, 1998. "Out of Equilibrium," OUP Catalogue, Oxford University Press, number 9780198293804.
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    Cited by:

    1. repec:gam:jsusta:v:9:y:2017:i:11:p:2133-:d:119529 is not listed on IDEAS
    2. repec:eee:rujoec:v:2:y:2016:i:1:p:86-110 is not listed on IDEAS

    More about this item

    Keywords

    Competition; Co-ordination; Finance; Innovation;

    JEL classification:

    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives

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