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In the paper the impact of R&D cooperation on prices in experimental duopoly markets is examined.As a theoretical … benchmark for the experiment, a two-stage duopoly model with an R&D stage with technological spillovers and a pricing stage is … used.For two scenarios of technological spillovers (no versus complete spillovers), a treat-ment where it is possible to …
Persistent link: https://www.econbiz.de/10011092740
with allowance for R&D spillovers is created. The design and hypotheses of the experiment are based on the well-known model …
Persistent link: https://www.econbiz.de/10011092197
In this paper we test the relation between cognitive distance and innovation performance of firms engaged in technology-based alliances.The key finding is that the hypothesis of an inverted U-shaped effect of cognitive distance on innovation performance of firms is confirmed.Moreover, as...
Persistent link: https://www.econbiz.de/10011091844
This paper contributes to the analysis of where and how both exploitation and exploration may take place inside and between communities and organizations. It connects with the discussion of differences between communities of practice and epistemic communities. The analysis allows for differences...
Persistent link: https://www.econbiz.de/10011092178
This chapter explains and employs a constructivist, interactionist theory of knowledge that has come to be known as the perspective of 'embodied cognition'. That view has roots in earlier developmental psychology, and in sociology, and more recently has received further substance from neural...
Persistent link: https://www.econbiz.de/10011092223
This paper studies a dynamic duopoly in which firms compete in the adoption of new technologies. The innovation process is exogenous to the firms. Both firms have the possibility to adopt a current technology or to wait for a better technology that arrives at an unknown point of time in the...
Persistent link: https://www.econbiz.de/10011091330
The inverse probability weighted Generalised Empirical Likelihood (IPW-GEL) estimator is proposed for the estimation of the parameters of a vector of possibly non-linear unconditional moment functions in the presence of conditionally independent sample selection or attrition.The estimator is...
Persistent link: https://www.econbiz.de/10011090314
This paper uses a cognitive theory of firms and organizations, with a focus on learning and innovation.Here, cognition is a wide notion, including value judgments and corresponding feelings and emotions.This paper focuses on the relation between that cognitive theory and Penrose's theory of the...
Persistent link: https://www.econbiz.de/10011090370
It is shown that asymmetry in R&D efficiency between firms is an important factor determining feasibility of the preemption and attrition scenarios in competitive R&D with time to build. Scenarios of attrition and preemption games are most likely to occur when competitors have similar R&D...
Persistent link: https://www.econbiz.de/10011090575
Using insights from ‘embodied cognition’ and a resulting ‘cognitive theory of the firm’, I aim to contribute to the further development of evolutionary theory of organizations, in the specification of organizations as ‘interactors’ that carry organizational competencies as...
Persistent link: https://www.econbiz.de/10011091884