Norbäck, Pehr-Johan; Persson, Lars; Tag, Joacim - NET Institute - 2008
presence of network externalities tends to make the entrepreneur prefer sale to entry. Moreover, we also show that the … incentive to innovate for entry decreases when network effects become stronger, whereas there is an increase in the incentive … of increasing entry by entrepreneurs. However, this may come at the cost of reducing the research intensity by reducing …
