Firms clustering in presence of technological renewal processes
Cerqueti, R and Rotundo, G (2020). Firms clustering in presence of technological renewal processes. in: Puu, T and Panchuk, A (ed.) Nonlinear economic dynamics Nova Science Publishers, Inc..
|Authors||Cerqueti, R and Rotundo, G|
|Editors||Puu, T and Panchuk, A|
This paper aims at exploring companies' profit maximization in presence of a hierarchical organization among firms and when technological renewal processes take place. The introduction of a hierarchical structure among rms allows us to describe the reality of the industrial districts. In this respect, some policies for the management of the renewal process in the district are derived.
|Keywords||Technological renewal; Aggregate productivity; Firms size|
|Book title||Nonlinear economic dynamics|
|Publisher||Nova Science Publishers, Inc.|
|Publication process dates|
|Accepted||15 Jan 2020|
|Deposited||07 Apr 2020|
|Accepted author manuscript|
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Accepted author manuscript
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