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Innovation and Liberalization in the European Defence Sector

Author

Listed:
  • Fulvio Castellacci
  • Arne Fevolden

Abstract

This book investigates the ongoing liberalization of the European defence market and explores how companies can respond to these changes by adjusting their innovation and internationalization strategies. Traditionally, the EU defence sector has been fragmented into several weakly integrated and highly protected domestic markets which often leads to the duplication of innovative efforts, rising production costs and an overall lack of competitiveness. Using a variety of methods including case studies, econometric analyses and agent-based modelling, the authors reveal that liberalization will provide new and relevant opportunities for European defence companies. However, any potential benefits will only be realized if private firms perceive that a full and well-coordinated implementation process is in place.

Individual chapters are listed in the "Chapters" tab

Suggested Citation

  • Fulvio Castellacci & Arne Fevolden, 2015. "Innovation and Liberalization in the European Defence Sector," Books, Edward Elgar Publishing, number 15941.
    • Handle: RePEc:elg:eebook:15941
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    References listed on IDEAS

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    Cited by:

    1. Adrien Caralp, 2017. "The restructuring of the European land armaments industry: Between political incentives and economic pressures," Economics of Peace and Security Journal, EPS Publishing, vol. 12(1), pages 12-19, April.

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