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

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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.

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Amendola, M., Gaffard, JL. & Musso, P. Innovation and Competition: The Role of Finance Constraints in a Duopoly Case. The Review of Austrian Economics 16, 183–204 (2003). https://doi.org/10.1023/A:1024592707633

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  • DOI: https://doi.org/10.1023/A:1024592707633

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