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Corporate Finance, Innovation, and Strategic Competition

Cornelia Neff




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 | #7289513 in Books |  2013-10-04 | Original language:English | PDF # 1 |  9.25 x.54 x6.10l,.77 | File type: PDF | 227 pages

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Industrial organization considers strategic behavior of firms in the product market. Firms compete in prices and invest in innovation activities in order to gain market shares. In this book I will investigate the financial decisions of innovative firms if financial markets are imperfect due to asymmetric information. I will demonstrate how financial market imperfections interact with strategic competition of firms in the product market. The tool to analyze these strategi...

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