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The optimal design of two-part tariffs is investigated in a dynamic model where two firms belonging to the same supply chain invest in R&D activities to increase the quality of the final product. It is shown that the replication of the vertically integrated monopolist's performance can be...
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Our objective is to understand how a firm’s product development capability (PDC) affects the launch strategy for a durable product that is sequentially improved over time in a market where consumers have heterogeneous valuations for quality. We show that the launch strategy of firms is...
Persistent link: https://www.econbiz.de/10009742053
finds that modularity facilitates the understanding of the dynamics of commoditization and knowledge sharing. Furthermore … commoditization by outlining the concept of information asymmetry within a multi-tier supply chain driven by modularity. Thus, it …
Persistent link: https://www.econbiz.de/10012487847
This study explores the contingencies relating firm experience to product development capabilities, focusing on experience type (breadth v. depth) and timing (prior v. concurrent). Results from empirical tests in the U.S. mutual fund industry offer two primary findings. First, firms increase...
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This study proposes an alternative technique to support the design and development of products, specifically focusing on creating a new design and platform for restaurants tailored to the needs of senior adults, ensuring easy-to-access experiences. The primary aim is to effectively identify and...
Persistent link: https://www.econbiz.de/10014529764
This paper considers the trade-off between leveraging external sources of innovation by outsourcing design and … of outsourcing such tasks while developing new internal competences. Drawing on a longitudinal case study in the …-off between the benefits of leveraging external sources of innovation and the opportunities for competence development provided by …
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Firms achieve their competitive advantage quickly through the concept framework of open innovation by integrating … innovation into building platform blocks by modular operators. These eight modular operators are splitting, augmenting, deleting …
Persistent link: https://www.econbiz.de/10012801595