Dynamic Competition, Innovation and Strategic Financing
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Rebecca Henderson & Iain Cockburn, 1996.
"Scale, Scope, and Spillovers: The Determinants of Research Productivity in Drug Discovery,"
RAND Journal of Economics, The RAND Corporation, vol. 27(1), pages 32-59, Spring.
- Rebecca Henderson & Iain Cockburn, "undated". "Scale, Scope and Spillovers: The Determinants of Research Productivity in Drug Discovery," Working Papers ec25/94, Department of Economics, University of Lancaster.
- Vojislav Maksimovic, 1988. "Capital Structure in Repeated Oligopolies," RAND Journal of Economics, The RAND Corporation, vol. 19(3), pages 389-407, Autumn.
- Christopher A. Hennessy & Toni M. Whited, 2007. "How Costly Is External Financing? Evidence from a Structural Estimation," Journal of Finance, American Finance Association, vol. 62(4), pages 1705-1745, August.
- Zoltan J. Acs & David B. Audretsch, 2008.
"Innovation in Large and Small Firms: An Empirical Analysis,"
Chapters, in: Entrepreneurship, Growth and Public Policy, chapter 1, pages 3-15,
Edward Elgar Publishing.
- Acs, Zoltan J & Audretsch, David B, 1988. "Innovation in Large and Small Firms: An Empirical Analysis," American Economic Review, American Economic Association, vol. 78(4), pages 678-690, September.
- Brander, James A. & Lewis, Tracy R., 1986. "Oligopoly and Financial Structure: The Limited Liability Effect," American Economic Review, American Economic Association, vol. 76(5), pages 956-970, December.
- Leland, Hayne E, 1994.
"Corporate Debt Value, Bond Covenants, and Optimal Capital Structure,"
Journal of Finance, American Finance Association, vol. 49(4), pages 1213-1252, September.
- Hayne E. Leland., 1994. "Corporate Debt Value, Bond Covenants, and Optimal Capital Structure," Research Program in Finance Working Papers RPF-233, University of California at Berkeley.
- Fudenberg, Drew & Tirole, Jean, 1984. "The Fat-Cat Effect, the Puppy-Dog Ploy, and the Lean and Hungry Look," American Economic Review, American Economic Association, vol. 74(2), pages 361-366, May.
- Kamien, Morton I & Schwartz, Nancy L, 1975. "Market Structure and Innovation: A Survey," Journal of Economic Literature, American Economic Association, vol. 13(1), pages 1-37, March.
- Judith R. Gelman & Steven C. Salop, 1983. "Judo Economics: Capacity Limitation and Coupon Competition," Bell Journal of Economics, The RAND Corporation, vol. 14(2), pages 315-325, Autumn.
- Pradeep K. Chintagunta & Naufel J. Vilcassim, 1992. "An Empirical Investigation of Advertising Strategies in a Dynamic Duopoly," Management Science, INFORMS, vol. 38(9), pages 1230-1244, September.
- Wagenhofer, Alfred, 1990. "Voluntary disclosure with a strategic opponent," Journal of Accounting and Economics, Elsevier, vol. 12(4), pages 341-363, March.
- Hertzel, Michael G & Smith, Richard L, 1993. "Market Discounts and Shareholder Gains for Placing Equity Privately," Journal of Finance, American Finance Association, vol. 48(2), pages 459-485, June.
- Spulber, Daniel F, 1995. "Bertrand Competition When Rivals' Costs Are Unknown," Journal of Industrial Economics, Wiley Blackwell, vol. 43(1), pages 1-11, March.
- James C. Brau & Stanley E. Fawcett, 2006. "Initial Public Offerings: An Analysis of Theory and Practice," Journal of Finance, American Finance Association, vol. 61(1), pages 399-436, February.
- Sudipto Bhattacharya & Jay R. Ritter, 1983. "Innovation and Communication: Signalling with Partial Disclosure," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 50(2), pages 331-346.
- Chevalier, Judith A, 1995. "Capital Structure and Product-Market Competition: Empirical Evidence from the Supermarket Industry," American Economic Review, American Economic Association, vol. 85(3), pages 415-435, June.
- Gary M. Erickson, 1997. "Note: Dynamic Conjectural Variations in a Lanchester Oligopoly," Management Science, INFORMS, vol. 43(11), pages 1603-1608, November.
- Joon-Woo Nahm, 2001. "Nonparametric quantile regression analysis of R&D-sales relationship for Korean firms," Empirical Economics, Springer, vol. 26(1), pages 259-270.
- Hayne E. Leland., 1998. "Agency Costs, Risk Management, and Capital Structure," Research Program in Finance Working Papers RPF-278, University of California at Berkeley.
- Dockner,Engelbert J. & Jorgensen,Steffen & Long,Ngo Van & Sorger,Gerhard, 2000. "Differential Games in Economics and Management Science," Cambridge Books, Cambridge University Press, number 9780521637329, October.
- Richard Blundell & Rachel Griffith & John van Reenen, 1999. "Market Share, Market Value and Innovation in a Panel of British Manufacturing Firms," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 66(3), pages 529-554.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Cyrus Aghamolla & Richard T. Thakor, 2022. "Do Mandatory Disclosure Requirements for Private Firms Increase the Propensity of Going Public?," Journal of Accounting Research, Wiley Blackwell, vol. 60(3), pages 755-804, June.
- Chemmanur, Thomas J. & Signori, Andrea & Vismara, Silvio, 2023. "The exit choices of European private firms: A dynamic empirical analysis," Journal of Financial Markets, Elsevier, vol. 65(C).
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Matthew Spiegel & Heather Tookes, 2008. "Dynamic Competition, Innovation and Strategic Financing," Yale School of Management Working Papers amz2500, Yale School of Management.
- Jianjun Miao, 2005.
"Optimal Capital Structure and Industry Dynamics,"
Journal of Finance, American Finance Association, vol. 60(6), pages 2621-2659, December.
- Jianjun Miao, 2003. "Optimal Capital Structure and Industry Dynamics," Industrial Organization 0310001, University Library of Munich, Germany.
- Jianjun Miao, 2011. "Optimal Capital Structure and Industry Dynamics," CEMA Working Papers 440, China Economics and Management Academy, Central University of Finance and Economics.
- Enrico C. Perotti & Ernst-Ludwig von Thadden, 2001.
"Outside Finance, Dominant Investors and Strategic Transparancy,"
Tinbergen Institute Discussion Papers
01-019/2, Tinbergen Institute.
- von Thadden, Ernst-Ludwig & Perotti, Enrico, 2001. "Outside Finance, Dominant Investors and Strategic Transparency," CEPR Discussion Papers 2733, C.E.P.R. Discussion Papers.
- Enrico C. PEROTTI & Ernst-Ludwig VON THADDEN, 2001. "Outside Finance, Dominant Investors and Strategic Transparency," Cahiers de Recherches Economiques du Département d'économie 01.02, Université de Lausanne, Faculté des HEC, Département d’économie.
- Enrico C. Perotti, 2005.
"Dominant Investors and Strategic Transparency,"
The Journal of Law, Economics, and Organization, Oxford University Press, vol. 21(1), pages 76-102, April.
- Perotti, Enrico C & von Thadden, Ernst-Ludwig, 1998. "Dominant Investors and Strategic Transparency," CEPR Discussion Papers 1948, C.E.P.R. Discussion Papers.
- Enrico C. Perotti & Ernst-Ludwig von Thadden, 1999. "Dominant Investors and Strategic Transparency," Working Papers 1999.24, Fondazione Eni Enrico Mattei.
- Giacinta Cestone, 1999. "Corporate Financing and Product Market Competition: An Overview," CSEF Working Papers 18, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
- Enrique Schroth & Dezsö Szalay, 2010.
"Cash Breeds Success: The Role of Financing Constraints in Patent Races,"
Review of Finance, European Finance Association, vol. 14(1), pages 73-118.
- Enrique Schroth & Dezsö Szalay, 2005. "Cash breeds Success: The Role of Financing Constraints in Patent Races," Cahiers de Recherches Economiques du Département d'économie 05.11, Université de Lausanne, Faculté des HEC, Département d’économie.
- Schroth, Enrique & Szalay, Dezso, 2008. "Cash Breeds Success: The Role of Financing Constraints in Patent Races," Economic Research Papers 269884, University of Warwick - Department of Economics.
- Schroth, Enrique & Szalay, Dezsö, 2008. "Cash Breeds Success : The Role of Financing Constraints in Patent Races," The Warwick Economics Research Paper Series (TWERPS) 873, University of Warwick, Department of Economics.
- Sarkar, Sudipto, 2014. "Product–market flexibility and capital structure," The Quarterly Review of Economics and Finance, Elsevier, vol. 54(1), pages 111-122.
- Burak Dindaroglu, 2011. "R&D Productivity and Firm Size in Semiconductors and Pharmaceuticals: Evidence from Citation Yields," Working Papers 1101, Izmir University of Economics.
- Ciliberto, Federico & Schenone, Carola, 2012.
"Are the bankrupt skies the friendliest?,"
Journal of Corporate Finance, Elsevier, vol. 18(5), pages 1217-1231.
- Ciliberto, Federico & Schenone, Carola, 2010. "Are the Bankrupt Skies the Friendliest?," MPRA Paper 24915, University Library of Munich, Germany.
- Xia, Xin & Gan, Liu, 2021. "Financing with equity-for-guarantee swaps and dynamic investment under incomplete markets," Economic Modelling, Elsevier, vol. 98(C), pages 349-360.
- Fay, Marianne & Martimort, David & Straub, Stéphane, 2021.
"Funding and financing infrastructure: The joint-use of public and private finance,"
Journal of Development Economics, Elsevier, vol. 150(C).
- Straub, Stéphane & Fay, Marianne & Martimort, David, 2018. "Funding and financing infrastructure: the joint-use of public and private finance," IAST Working Papers 18-98, Institute for Advanced Study in Toulouse (IAST), revised Jan 2021.
- Marianne Fay & David Martimort & Stéphane Straub, 2021. "Funding and financing infrastructure: the joint-use of public and private finance," Post-Print hal-03166092, HAL.
- Marianne Fay & David Martimort & Stéphane Straub, 2021. "Funding and financing infrastructure: the joint-use of public and private finance," PSE-Ecole d'économie de Paris (Postprint) hal-03166092, HAL.
- Fay,Marianne & Martimort,David & Straub,Stephane, 2018. "Funding and financing infrastructure : the joint-use of public and private finance," Policy Research Working Paper Series 8496, The World Bank.
- Martimort, David & Straub, Stephane & Fay, Marianne, 2019. "Funding and financing infrastructure: The joint-use of public and private finance," CEPR Discussion Papers 13844, C.E.P.R. Discussion Papers.
- Fay, Marianne & Martimort, David & Straub, Stéphane, 2018. "Funding and financing infrastructure: the joint-use of public and private finance," TSE Working Papers 18-927, Toulouse School of Economics (TSE), revised Jan 2021.
- Arping, Stefan, 2005. "Protective interests and creative destruction," Journal of Financial Intermediation, Elsevier, vol. 14(4), pages 401-431, October.
- Cetorelli, Nicola, 2004.
"Real Effects of Bank Competition,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 36(3), pages 543-558, June.
- Nicola Cetorelli, 2004. "Real effects of bank competition," Proceedings, Federal Reserve Bank of Cleveland, pages 543-562.
- Nicola Cetorelli, 2004. "Real effects of bank competition," Working Paper Series WP-04-03, Federal Reserve Bank of Chicago.
- Matthew J. Clayton & S. Abraham Ravid, 1999. "The Effect of Leverage on Bidding Behavior: Theory and Evidence from the FCC Auctions," New York University, Leonard N. Stern School Finance Department Working Paper Seires 99-055, New York University, Leonard N. Stern School of Business-.
- Erwan Morellec & Boris Nikolov & Norman Schürhoff, 2018.
"Agency Conflicts around the World,"
The Review of Financial Studies, Society for Financial Studies, vol. 31(11), pages 4232-4287.
- Erwan Morellec & Boris Nikolov & Norman Schürhoff, 2015. "Agency Conflicts Around the World," Swiss Finance Institute Research Paper Series 15-21, Swiss Finance Institute, revised Apr 2016.
- Norman Schuerhoff & Boris Nikolov & Erwan Morellec, 2016. "Agency Conflicts Around the World," 2016 Meeting Papers 923, Society for Economic Dynamics.
- Schürhoff, Norman & Morellec, Erwan & Nikolov, Boris, 2016. "Agency Conflicts Around the World," CEPR Discussion Papers 11243, C.E.P.R. Discussion Papers.
- Xu, Jin, 2012. "Profitability and capital structure: Evidence from import penetration," Journal of Financial Economics, Elsevier, vol. 106(2), pages 427-446.
- Arnold, Marc, 2014. "Managerial cash use, default, and corporate financial policies," Journal of Corporate Finance, Elsevier, vol. 27(C), pages 305-325.
- Coronado, Daniel & Acosta, Manuel & Fernández, Ana, 2008. "Attitudes to innovation in peripheral economic regions," Research Policy, Elsevier, vol. 37(6-7), pages 1009-1021, July.
- Guney, Yilmaz & Li, Ling & Fairchild, Richard, 2011. "The relationship between product market competition and capital structure in Chinese listed firms," International Review of Financial Analysis, Elsevier, vol. 20(1), pages 41-51, January.
- Benzoni, Luca & Garlappi, Lorenzo & Goldstein, Robert S. & Ying, Chao, 2022.
"Debt dynamics with fixed issuance costs,"
Journal of Financial Economics, Elsevier, vol. 146(2), pages 385-402.
- Luca Benzoni & Lorenzo Garlappi & Robert S. Goldstein & Chao Ying, 2022. "Debt Dynamics with Fixed Issuance Costs," Working Paper Series WP 2023-01, Federal Reserve Bank of Chicago.
More about this item
Keywords
stragetic financing; finance; market competition; corporate financing;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ysm:wpaper:amz2500. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/smyalus.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.