This article is dedicated to the analysis of the first innovation survey of the Tunisian firms. Starting from basic mechanisms of innovation processes and existing results on other developing countries, we test a set of assumptions on the characteristics of innovating firms in a developing...

This paper documents the relationship between appropriation instruments and the innovation activity in Tunisia. It focuses on the factors that determine the appropriation of innovation activities like the value of sales of the firms, networking, science–industry linkage, competitive pressure...

In spite of the considerable effort of the work focused on the identification of the conditions and factors favourable to innovation in developing countries, very few contributions concern the analysis of the obstacles impeding or slowing the innovation process and factors affecting their...

In a simple model of two stage competition we show that the strategic effect of an irreversible commitment in ex ante capacity can be an insufficient motivation to blockade the entry for the incumbent if the ex post demand on the market is uncertain. In this context we show that this strategic...

In this paper, we make an exploratory use of computational techniques (genetic algorithms and Monte Carlo simulations) to compute efficient and emergent networks in a spatialized version of the connections model of Jackson and Wolinski [Jackson, M.O., Wolinski, A., 1996. A strategic model of...

Convergence to the Nash equilibrium in a Cournot oligopoly is a question that recurrently arises as a subject of controversy in economics. The development of evolutionary game theory has provided an equilibrium concept more directly connected with adjustment dynamics, and the evolutionary...

We explore the role of the discount on closed-end funds (CEFD) in asset pricing and test its validity as a proxy for investor sentiment in the Canadian stock market. Results show that CEFD is not a priced factor. Both cross-sectional and time-series tests confirm that stocks with different...