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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

Sciences Po publications from Sciences Po

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)
JEL-codes: L11 O31 (search for similar items in EconPapers)
Date: 2003
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Published in The Review of Austrian economics , 2003, vol. 16, pp.183-204

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Journal Article: Innovation and Competition: The Role of Finance Constraints in a Duopoly Case (2003) Downloads
Working Paper: Innovation and Competition: The Role of Finance Constraints in a Duopoly Case (2003) Downloads
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