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competition on R&D to the cost of innovation. The effect of competition on R&D is an inverted U-shape. However, the shape is … flatter and competition policy is therefore less relevant for innovation when innovations are relatively costly. Intuitively …
Persistent link: https://www.econbiz.de/10010738755
results known in static frameworks. First, more competition pushes Neck and Neck firms to advertise more to attract a larger …
Persistent link: https://www.econbiz.de/10010738853
This paper's objective is to stress the interest for both innovators and designers of a marketing concept that has been widely explored since the early 80's in the fields of customer behaviour and brand management. Indeed, the concept of hedonic perceived value, as defined by Holbrook and...
Persistent link: https://www.econbiz.de/10009401084