Dinâmica competitiva e vantagem do pioneiro em recessões econômicas
Rae-revista De Administracao De Empresas, pp. 22-36, 2017.
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 enhance the relative value of industry-level s...More
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