Viewing 4 posts categorized under Competition
January 7, 2025
Literature on internal capital markets has shown the importance of internally generated funds (i.e. funds from cash-rich establishments) in overcoming financial constraints at the firm level. Likewise, business groups may flourish on account of cash-rich divisions. This paper studies the effect that business groups have on market concentration, entry, and survival of recent entrant firms.
Using the market share of business group firms as a proxy for the influence of business groups on product market competition, the paper finds:
February 6, 2023
Higher education institutions, broadly labelled as ‘universities’, are considered essential actors in the promotion of economic and cultural growth in the modern knowledge society. Often, they are affected by regional stakeholders and are expected to adjust their strategies in order to contribute to technological and economic specialization at the regional level.
Caption: Overall impact of Entrepreneurial University factors on regional competitiveness. A commonly accepted definition of an Entrepreneurial University is that it provides the right environment for researchers to generate, transform and commercialize their knowledge and technology.
January 3, 2023
Using novel and primary data on local SMEs belonging to the Portuguese furniture production cluster this study addresses the changing nature of competition and local firm’s strategic response to IKEA’s entry and its impact on their performance.
The study focuses on clusters, firm strategy and multinational corporations (MNCs) by assessing (i) how local firms, predominantly SMEs, respond to the MNC entry, (ii) which factors explain their strategic response, and (iii) the impact of strategic responses on their performance.
November 12, 2022
The paper asks if the troika intervention of 2011 - 2014 helped promote a more competitive environment and improve the allocation of scarce resources to benefit economic growth and welfare. The question is generally pertinent, especially during this period where resources were scarce in the public, corporate, and financial sectors.
The paper uses data for the period 2010-2016 from Informação Empresarial Simplicaficada, a database containing the annual accounts of Portuguese manufacturing and services firms.