Schumpeterian competition and its policy implications: The Latin American case

Detalhes bibliográficos
Autor(a) principal: ARAÚJO JR.,JOSÉ TAVARES DE
Data de Publicação: 1999
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Revista de Economia Política
Texto Completo: http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31571999000400569
Resumo: ABSTRACT Using the Schumpeterian notion of Creative Destruction, this paper discusses the role of antitrust in the process of economic reform and illustrates with the Latin American case. According to that notion, competition is a process wherein firms strive to survive under an evolving set of rules that engenders winners and losers. The main instrument that allows firms to be ahead of their competitors is the introduction of informational asymmetries that may result either from technological innovation, rent seeking or organized crime. To the public authorities this process implies two challenges. The former is to identify the situations that require intervention and the latter is to ensure that innovation will be the only available instrument for creating in- formational asymmetries.
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spelling Schumpeterian competition and its policy implications: The Latin American caseInnovationcreative destructioncompetitionneo-Schumpeterian analysisABSTRACT Using the Schumpeterian notion of Creative Destruction, this paper discusses the role of antitrust in the process of economic reform and illustrates with the Latin American case. According to that notion, competition is a process wherein firms strive to survive under an evolving set of rules that engenders winners and losers. The main instrument that allows firms to be ahead of their competitors is the introduction of informational asymmetries that may result either from technological innovation, rent seeking or organized crime. To the public authorities this process implies two challenges. The former is to identify the situations that require intervention and the latter is to ensure that innovation will be the only available instrument for creating in- formational asymmetries.Centro de Economia Política1999-10-01info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersiontext/htmlhttp://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31571999000400569Brazilian Journal of Political Economy v.19 n.4 1999reponame:Revista de Economia Políticainstname:EDITORA 34instacron:EDITORA_3410.1590/0101-31571999-1025info:eu-repo/semantics/openAccessARAÚJO JR.,JOSÉ TAVARES DEeng2022-04-27T00:00:00Zoai:scielo:S0101-31571999000400569Revistahttps://centrodeeconomiapolitica.org.br/repojs/index.php/journalONGhttps://centrodeeconomiapolitica.org.br/repojs/index.php/journal/oai||cecilia.heise@bjpe.org.br1809-45380101-3157opendoar:2022-04-27T00:00Revista de Economia Política - EDITORA 34false
dc.title.none.fl_str_mv Schumpeterian competition and its policy implications: The Latin American case
title Schumpeterian competition and its policy implications: The Latin American case
spellingShingle Schumpeterian competition and its policy implications: The Latin American case
ARAÚJO JR.,JOSÉ TAVARES DE
Innovation
creative destruction
competition
neo-Schumpeterian analysis
title_short Schumpeterian competition and its policy implications: The Latin American case
title_full Schumpeterian competition and its policy implications: The Latin American case
title_fullStr Schumpeterian competition and its policy implications: The Latin American case
title_full_unstemmed Schumpeterian competition and its policy implications: The Latin American case
title_sort Schumpeterian competition and its policy implications: The Latin American case
author ARAÚJO JR.,JOSÉ TAVARES DE
author_facet ARAÚJO JR.,JOSÉ TAVARES DE
author_role author
dc.contributor.author.fl_str_mv ARAÚJO JR.,JOSÉ TAVARES DE
dc.subject.por.fl_str_mv Innovation
creative destruction
competition
neo-Schumpeterian analysis
topic Innovation
creative destruction
competition
neo-Schumpeterian analysis
description ABSTRACT Using the Schumpeterian notion of Creative Destruction, this paper discusses the role of antitrust in the process of economic reform and illustrates with the Latin American case. According to that notion, competition is a process wherein firms strive to survive under an evolving set of rules that engenders winners and losers. The main instrument that allows firms to be ahead of their competitors is the introduction of informational asymmetries that may result either from technological innovation, rent seeking or organized crime. To the public authorities this process implies two challenges. The former is to identify the situations that require intervention and the latter is to ensure that innovation will be the only available instrument for creating in- formational asymmetries.
publishDate 1999
dc.date.none.fl_str_mv 1999-10-01
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
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status_str publishedVersion
dc.identifier.uri.fl_str_mv http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31571999000400569
url http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31571999000400569
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv 10.1590/0101-31571999-1025
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv text/html
dc.publisher.none.fl_str_mv Centro de Economia Política
publisher.none.fl_str_mv Centro de Economia Política
dc.source.none.fl_str_mv Brazilian Journal of Political Economy v.19 n.4 1999
reponame:Revista de Economia Política
instname:EDITORA 34
instacron:EDITORA_34
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collection Revista de Economia Política
repository.name.fl_str_mv Revista de Economia Política - EDITORA 34
repository.mail.fl_str_mv ||cecilia.heise@bjpe.org.br
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