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Integration, Cooperation and the Financing of Innovation

Author

Listed:
  • Jean-Pierre ALLEGRET
  • Philippe DULBECCO

    (Centre d'Etudes et de Recherches sur le Développement International(CERDI))

Abstract

The purpose of this paper is to develop a joint analysis of the organizational and financial flexibility of the innovative firm. In this way, we complete by determinants linked to financing factors the choice between integration and inter-firms co-operative agreements. We deduce the superiority of co-operation to resolve the specialization-adaptability dilemma which faced the innovative firm.

Suggested Citation

  • Jean-Pierre ALLEGRET & Philippe DULBECCO, 1998. "Integration, Cooperation and the Financing of Innovation," Working Papers 199814, CERDI.
    • Handle: RePEc:cdi:wpaper:82
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    File URL: http://publi.cerdi.org/ed/1998/1998.14.pdf
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