Fiche du document
- handle: 10670/1.qeqloa
- hal: hal-03399431
- doi: 10.1515/jbnst-2014-2-309
- SCIENCESPO: 2441/432hd1tog29s3apkclhr9k4272
Ce document est lié à :
info:eu-repo/semantics/altIdentifier/doi/10.1515/jbnst-2014-2-309
Ce document est lié à :
info:eu-repo/semantics/altIdentifier/hdl/2441/432hd1tog29s3apkclhr9k4272
Mots-clés
Competition Increasing returns Time to build Viability L - Industrial Organization/L.L1 - Market Structure, Firm Strategy, and Market Performance/L.L1.L11 - Production, Pricing, and Market Structure • Size Distribution of Firms O - Economic Development, Innovation, Technological Change, and Growth/O.O3 - Innovation • Research and Development • Technological Change • Intellectual Property Rights/O.O3.O31 - Innovation and Invention: Processes and IncentivesSujets proches
Size, Economies of Economies of size Scale, Economies of Increasing returnsCiter ce document
Mario Amendola et al., « Competition and Increasing Returns », Archive ouverte de Sciences Po (SPIRE), ID : 10.1515/jbnst-2014-2-309
Métriques
Partage / Export
Résumé
The paper demonstrates the compatibility between competition as a rivalry among firms and increasing returns resulting from innovative choice. The analysis offers the prospect of a general theory of economic evolution. It is carried out by means of a model, which makes it possible to exhibit the time structure of production processes and to sketch out the sequential interaction of decisions in a process of restructuring of productive capacities for the whole economy. It shows that several firms can coexist in the market, despite the existence of increasing returns, yet remain differentiated not so much because they supply differentiated goods, but because they are each one at a different stage of the life cycle of the production process.