The Rise of Star Firms : Intangible Capital and Competition

There is a divergence in the returns of top-performing firms and the rest of the economy, especially in industries that rely on a skilled labor force, raising concerns about their market power. This paper shows that the divergence is explained by t...

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Bibliographic Details
Main Authors: Ayyagari, Meghana, Demirguc-Kunt, Asli, Maksimovic, Vojislav
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2019
Subjects:
Online Access:http://documents.worldbank.org/curated/en/957151556541265334/The-Rise-of-Star-Firms-Intangible-Capital-and-Competition
http://hdl.handle.net/10986/31597