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

Mario Amendola (), Jean-Luc Gaffard and Patrick Musso
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Mario Amendola: Dipartimento di Scienze Sociali ed Economiche - UNIROMA - Università degli Studi di Roma "La Sapienza" = Sapienza University [Rome]
Patrick Musso: GREDEG - Groupe de Recherche en Droit, Economie et Gestion - UNS - Université Nice Sophia Antipolis (1965 - 2019) - CNRS - Centre National de la Recherche Scientifique

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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.

Keywords: Competition; Co-ordination; Finance; Innovation (search for similar items in EconPapers)
Date: 2003
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Published in Review of Austrian Economics, 2003, 16 (2-3), pp.183-204. ⟨10.1023/A:1024592707633⟩

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Journal Article: Innovation and Competition: The Role of Finance Constraints in a Duopoly Case (2003)
Working Paper: Innovation and Competition: The Role of Finance Constraints in a Duopoly Case (2003)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:spmain:hal-01038093

DOI: 10.1023/A:1024592707633

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