The relative impact of actual and potent
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Karel Cool; Lars-Hendrik RΓΆller; Benoit Leleux
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Article
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1999
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John Wiley and Sons
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English
β 95 KB
π 3 views
This paper estimates the effects of actual and potential rivalry on profitability of firms in the U.S. pharmaceutical industry during the 20-year period 1963-82. The results show that during the 1960s actual rivalry among the sampled firms did not materially affect firm profitability, but that durin