...Successful foreign competition by such national champions involves developing adv...In H. Kierzkowski (Ed.), Monopolistic Competition and International Trade, Oxford Univer...
...Some counties have introduced competition policies to encourage arbitrage of this kind (e.g....* Monopolistic price distortion and its substitution by internal ...
... the German Act against Restraints of Competition (ARC) on 10 November 2011. The most important plan... supply where the transition from monopolistic markets to competitive markets did not sufficientl...
... employees are bound to abstain from competition with their former principals. Such restrictive con... the notion of cartel that it has ' monopolistic ' tendencies, or whether it is sufficient that it ...
The founding of new occupational unions has triggered a new inter-union competition in Germany. So far this trend is limited to the transport and health sectors which have been privatized but are still highly regulated by law. Using a simple theoretical model, we can show that the fragmentation of the unions was also the result of wage policy changes in the past connected with privatization. As the monopolistic rents which public enterprises had been able to obtain came under pressure, the established trade unions had to moderate their wage demands. This made it more attractive for powerful and well-organized professional groups, such as pilots and locomotive drivers, to leave the union. Empirical tests of the income losses suffered by both groups before the breakaway confirm this hypot...
This article analyzes the competitive advantage of German renewable energy firms in Russia. Based on Porter's diamond model of competitiveness, we examine the demand for renewable energy in Russia and German firms' ability to meet this demand. While the overall demand for renewable energy in Russia is still low, the study reveals formidable opportunities in the fields of biomass, solar and wind energy. Our findings are meant to address managers in the renewable energy industry and to aid policy makers in environmental support and action.
... exist in a sector, the fiercer the competition and the stronger the pressure for innovative firm ... to industries that are dominated by monopolistic firms. We assume that this applies to the renewabl...
... concerned the transition from a monopolistic LPT management to a system of public tendering pro..., in which the evident lack of market competition and financial liability was leading the LPT system...
This study examines the influence of industry and home country characteristics on domestic firm innovation investment and considers whether these relationships are more pronounced if the firm is competing in global versus multidomestic industries. Hypotheses are developed and tested using data from 625 firms in eight industries, across 31 countries. The findings generally support the hypotheses that industry structure and national context have significant direct influence on firm innovation investment. Furthermore, industry structure was found to have a more pronounced influence on firm innovation investment for global industries than for multidomestic industries.
... dynamic and global nature of competition requires that we gain a better understanding of wh... takes on characteristics of more monopolistic or oligopolistic competition (Porter 1980). The pr...
One major change in the world of international business and finance is the growing role of private equity investments in firms in emerging markets. In little more than four years, since 2003, the money raised by international, primarily American private equity funds for investment in emerging markets went up about ten times, from $3.5 billion to $35 billion. This paper provides a multidimensional analysis and discussion on the role of private equity funds in the globalization process of firms from emerging markets. The discussion begins with development economics, focusing on financial markets development and sector specific capital, proceeds to a discussion of local comparative advantage and intangible trade costs in the process of globalization, and continues with a discussion of impe...
... an incomplete world with imperfect (monopolistic) competition. The second point is that there are t...
This paper's objective is to articulate, more precisely than has occurred in the past, the principal theory rationales underlying the Multinationality/Performance (M/P) link, by examining each claim for the negative or positive benefits of internationalization, from the lens of the theory of the firm and the multinational enterprise. A concurrent objective of this paper is to respond to critiques of MIP theory and discuss methodology and operationalization problems in empirical testing. While international expansion of a firm will not necessarily always improve performance (during the initial international expansion stage, or in cases where a firm may have over-internationalized), for the most part, over the considerable middle range of expansion, net positive benefits accrue from inter...
..., economics textbook view, of intense competition between undifferentiated firms - all having the sa... if not indefinite period - monopolistic advantage to the foreign firm (Hymer 1976). (At on...
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