Innovation and Competition: The Role of Finance Constraints in a Duopoly Case |
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| Authors: | Amendola M Gaffard J-L Musso P |
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| Institution: | (1) University of Rome  La Sapienza , Italy;(2) University of Nice Sophia Antipolis and Institut Universitaire de France, France;(3) IDEFI-CNRS Sophia Antipolis, France |
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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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| Keywords: | competition co-ordination finance innovation |
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