SEARCH
You are in browse mode. You must login to use MEMORY

   Log in to start


From course:

Industrial Organisation 2022

» Start this Course
(Practice similar questions for free)
Question:

How can firms themselves affect concentration?

Author: Hjalmer Pedersen



Answer:

Firms can have distinctive capabilities that lead to higher concentration, such as internal organization, relationship with suppliers and distributors and specialized industry knowledge, but also innovation and reputation. The core competences such as specialized industry knowledge, protection of specialized resources and competences from imitation and flexibility and adaptability to changing environment can also influence concentration.


0 / 5  (0 ratings)

1 answer(s) in total