Innovation and Competition: The Role of Finance Constraints in a Duopoly Case
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.
|Date of creation:||2003|
|Publication status:||Published in The Review of Austrian economics , 2003, vol. 16, pp.183-204|
|Contact details of provider:|| Web page: http://www.sciencespo.fr/|
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