Kotsios, Panagiotis; Gkampoura, Aglaia; Kotsios, Vaios - In: Research in World Economy 6 (2015) 1, pp. 112-117
The entry of new competitors operates as a balancing force against high levels of industrial concentration and the abuse of dominant position by firms with large market shares. This paper¡¯s goal is to examine theoretically the impact of Research & Development investments on new firm entry....