Business groups: entry barrier–innovation debate revisited
Journal of Economic Behavior & Organization, pp. 513-531, 2004.
We argue that in the presence of market imperfections, business groups’ market share in a sector acts as a proxy for barriers to enter that sector. Recognition of group share as a proxy for entry barriers allows us to revisit the entry barrier–innovation debate in the context of emerging economies. Evidence presented in this paper note in...More
Full Text (Upload PDF)
PPT (Upload PPT)