COMPETITIVE DYNAMICS AND EARLY MOVER ADVANTAGES UNDER ECONOMIC RECESSIONS
In light of the recent macroeconomic instability in global markets, we examine the evolution of competitive dynamics and firm profitability when industries are subject to recessions. Although ordinary intuition leads most to view recessions as harmful, we highlight conditions under which they enhanc...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Fundação Getulio Vargas, Escola de Administração de Empresas de São Paulo
2017-02-01
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Series: | RAE: Revista de Administração de Empresas |
Subjects: | |
Online Access: | http://rae.fgv.br/sites/rae.fgv.br/files/competitive_dynamics_and_early_mover_advantages_under_economic_recessions.pdf |