R&D in the Presence of Network Externalities : Timing and Compatibility.

Two rival firms must decide when to invest in R&D and whether the new products should be compatible. I show that network externalities may induce the firms to advance their introduction of new incompatible technologies.

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Year of publication:	1996
Authors:	Kristiansen, E-G
Institutions:	Norges Handelshøyskole (NHH)
Subject:	RESEARCH AND DEVELOPMENT \| OLIGOPOLIES \| ANTITRUST LEGISLATION

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Series:	Norwegian School of Economics and Business Administration-.
Type of publication:	Book / Working Paper
Notes:	35 pages
Classification:	O31 - Innovation and Invention: Processes and Incentives ; L13 - Oligopoly and Other Imperfect Markets ; L40 - Antitrust Policy. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005672009