Innovation and Competition: The Role of Finance Constraints in a Duopoly Case
Jean-Luc Gaffard () and
Patrick Musso ()
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Mario Amendola: Dipartimento di Scienze Sociali ed Economiche
Sciences Po publications from Sciences Po
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)
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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)
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:spo:wpmain:info:hdl:2441/6520
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