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A simulation model of the European defence industry

In: Innovation and Liberalization in the European Defence Sector

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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.

Suggested Citation

  • ., 2015. "A simulation model of the European defence industry," Chapters, in: Innovation and Liberalization in the European Defence Sector, chapter 5, pages 89-117, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:15941_5
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    Cited by:

    1. Petre Prisecaru, 2015. "Is Quantitative Easing An Appropriate Way For The Success Of Monetary Policy In A Post-Crisis Period?," Global Economic Observer, "Nicolae Titulescu" University of Bucharest, Faculty of Economic Sciences;Institute for World Economy of the Romanian Academy, vol. 3(2), pages 27-35, November.
    2. Göbel, Christine & Teitscheid, Petra & Friedrich, Silke & Langen, Nina & Speck, Melanie & Engelmann, Tobias & Rohn, Holger, 2017. "Implementing Sustainable Business Models in the Hospitality Sector with the Help of a Mission Statement," International Journal on Food System Dynamics, International Center for Management, Communication, and Research, vol. 8(2), March.
    3. Eraslan, Sercan, 2016. "Safe-haven demand for housing in London," Economic Modelling, Elsevier, vol. 58(C), pages 482-493.
    4. Turcsanyi, Richard Q., 2017. "Central European attitudes towards Chinese energy investments: The cases of Poland, Slovakia, and the Czech Republic," Energy Policy, Elsevier, vol. 101(C), pages 711-722.
    5. Anselmsson, Johan, 2016. "Effects of shopping centre re-investments and improvements on sales and visit growth," Journal of Retailing and Consumer Services, Elsevier, vol. 32(C), pages 139-150.
    6. Stephanos Papadamou & Nikolaos A. Kyriazis & Lydia Mermigka, 2017. "Japanese Mutual Funds before and after the Crisis Outburst: A Style- and Performance-Analysis," IJFS, MDPI, vol. 5(1), pages 1-20, March.
    7. Göbel, Christine & Teitscheid, Petra & Friedrich, Silke & Langen, Nina & Speck, Melanie & Engelmann, Tobias & Rohn, Holger, 2017. "Implementing Sustainable Business Models in the Hospitality Sector with the Help of a Mission Statement," 2018 International European Forum (163rd EAAE Seminar), February 5-9, 2018, Innsbruck-Igls, Austria 276926, International European Forum on System Dynamics and Innovation in Food Networks.

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