Competitive advantage in public-sector organizations: explaining the public good/sustainable competitive advantage paradox
نویسندگان
چکیده
منابع مشابه
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Private banks often blame state guarantees to distort competition by giving public banks the advantage of lower funding costs. In this paper I show that if borrowers perceive the public bank as supporting economic development, private banks may be able to separate firms by self selection, enter the market, and obtain profits in equilibrium despite their cost disadvantage. The public bank’s comp...
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ژورنال
عنوان ژورنال: Journal of Business Research
سال: 2005
ISSN: 0148-2963
DOI: 10.1016/s0148-2963(02)00498-8