Government R&D subsidies and international competitiveness of labor-managed firms

The literature postulates that government subsidization of strategic R&D activities of profit maximising firms (PMFs) increases their shares in international markets. Will this also hold for labor-managed firms (LMFs) which are owned by employees and aim to maximize the profit per labor? This pa...

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Bibliographic Details
Main Authors: Jerry C. Ho, Viet-Ngu Hoang, Clevo Wilson
Format: Article
Language:English
Published: Elsevier 2021-02-01
Series:Heliyon
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2405844021001596

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