Does Doing Badly Encourage Management Innovation?

In this paper we have undertaken an empirical analysis of the notion that firms introduce managerial innovations as a consequence of bad times, as in the "pit-stop" view of recessions. We first analyze a dynamic model of the firm and conclude that a competitive firm operating in a perfect...

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Autori principali: Nickell, S, Nicolitsas, D, Patterson, M
Natura: Journal article
Lingua:English
Pubblicazione: 2001