Schumpeterian competition and its policy implications: The Latin American case

Using the Schumpeterian notion of Creative Destruction, this paper discussesthe role of antitrust in the process of economic reform and illustrates with the Latin Americancase. According to that notion, competition is a process wherein firms strive to surviveunder an evolving set of rules that engen...

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Autor: Jr., José Tavares de Araújo
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:1999
País:Brasil
Institución:EDITORA 34
Repositorio:Revista de Economia Política
Idioma:inglés
OAI Identifier:oai:ojs2.centrodeeconomiapolitica.org:article/1071
Acceso en línea:https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/1071
Access Level:acceso abierto
Palabra clave:Innovation
creative destruction
competition
neo-Schumpeterian analysis
Inovação
destruição criativa
competição
análise neo-schumpeteriana
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spelling Schumpeterian competition and its policy implications: The Latin American caseConcorrência schumpeteriana e suas implicações políticas: o caso latino-americanoInnovationcreative destructioncompetitionneo-Schumpeterian analysisInovaçãodestruição criativacompetiçãoanálise neo-schumpeterianaUsing the Schumpeterian notion of Creative Destruction, this paper discussesthe role of antitrust in the process of economic reform and illustrates with the Latin Americancase. According to that notion, competition is a process wherein firms strive to surviveunder an evolving set of rules that engenders winners and losers. The main instrument thatallows firms to be ahead of their competitors is the introduction of informational asymmetriesthat 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 thesituations that require intervention and the latter is to ensure that innovation will be theonly available instrument for creating in- formational asymmetries. JEL Classification: O31; B51; D82.Utilizando a noção schumpeteriana de destruição criativa, este artigo discute opapel do antitruste no processo de reforma econômica e ilustra com o caso latino-americano.De acordo com essa noção, a concorrência é um processo em que as empresas se esforçampara sobreviver sob um conjunto de regras em evolução que gera vencedores e perdedores.O principal instrumento que permite às empresas estar à frente de seus concorrentesé a introdução de assimetrias informacionais que podem resultar de inovação tecnológica,busca de aluguel ou crime organizado. Para as autoridades públicas, esse processo implicadois desafios. O primeiro é identificar as situações que requerem intervenção e o segundo égarantir que a inovação seja o único instrumento disponível para criar assimetrias informacionais. Classificação JEL: O31; B51; D82.Center of Political Economy1999-10-01info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfhttps://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/107110.1590/0101-31571999-1025Brazilian Journal of Political Economy; Vol. 19 No. 4 (1999): Oct-Dec / 1999; 569-580Brazilian Journal of Political Economy; v. 19 n. 4 (1999): Oct-Dec / 1999; 569-5801809-45380101-3157reponame:Revista de Economia Políticainstname:EDITORA 34instacron:EDITORA_34enghttps://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/1071/1056Copyright (c) 1999 Brazilian Journal of Political Economyinfo:eu-repo/semantics/openAccessJr., José Tavares de Araújo2020-10-07T17:29:27Zoai:ojs2.centrodeeconomiapolitica.org:article/1071Revistahttps://centrodeeconomiapolitica.org.br/repojs/index.php/journalONGhttps://centrodeeconomiapolitica.org.br/repojs/index.php/journal/oai||cecilia.heise@bjpe.org.br1809-45380101-3157opendoar:2020-10-07T17:29:27Revista de Economia Política - EDITORA 34false
dc.title.none.fl_str_mv Schumpeterian competition and its policy implications: The Latin American case
Concorrência schumpeteriana e suas implicações políticas: o caso latino-americano
title Schumpeterian competition and its policy implications: The Latin American case
spellingShingle Schumpeterian competition and its policy implications: The Latin American case
Jr., José Tavares de Araújo
Innovation
creative destruction
competition
neo-Schumpeterian analysis
Inovação
destruição criativa
competição
análise neo-schumpeteriana
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
dc.creator.none.fl_str_mv Jr., José Tavares de Araújo
author Jr., José Tavares de Araújo
author_facet Jr., José Tavares de Araújo
author_role author
dc.subject.por.fl_str_mv Innovation
creative destruction
competition
neo-Schumpeterian analysis
Inovação
destruição criativa
competição
análise neo-schumpeteriana
topic Innovation
creative destruction
competition
neo-Schumpeterian analysis
Inovação
destruição criativa
competição
análise neo-schumpeteriana
description Using the Schumpeterian notion of Creative Destruction, this paper discussesthe role of antitrust in the process of economic reform and illustrates with the Latin Americancase. According to that notion, competition is a process wherein firms strive to surviveunder an evolving set of rules that engenders winners and losers. The main instrument thatallows firms to be ahead of their competitors is the introduction of informational asymmetriesthat 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 thesituations that require intervention and the latter is to ensure that innovation will be theonly available instrument for creating in- formational asymmetries. JEL Classification: O31; B51; D82.
publishDate 1999
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dc.identifier.uri.fl_str_mv https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/1071
10.1590/0101-31571999-1025
url https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/1071
identifier_str_mv 10.1590/0101-31571999-1025
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/1071/1056
dc.rights.driver.fl_str_mv Copyright (c) 1999 Brazilian Journal of Political Economy
info:eu-repo/semantics/openAccess
rights_invalid_str_mv Copyright (c) 1999 Brazilian Journal of Political Economy
eu_rights_str_mv openAccess
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dc.publisher.none.fl_str_mv Center of Political Economy
publisher.none.fl_str_mv Center of Political Economy
dc.source.none.fl_str_mv Brazilian Journal of Political Economy; Vol. 19 No. 4 (1999): Oct-Dec / 1999; 569-580
Brazilian Journal of Political Economy; v. 19 n. 4 (1999): Oct-Dec / 1999; 569-580
1809-4538
0101-3157
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reponame_str Revista de Economia Política
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repository.name.fl_str_mv Revista de Economia Política - EDITORA 34
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