This paper casts light on the role of initial code release for providing coordination of joint search processes, i.e., search processes that involve several agents who search together. We develop hypotheses about the role of initial code release for providing coordination, and for whether...

Collaborative innovation literature shows that collaborating with clients enhances the innovation performance of firms particularly as regard the development of highly new products. In this setting, are highly new products the innovation category that drives the most firm's performance? This is...

Motivated by the rise of social media, we build a model studying the effect of an economy's potential for social learning on the adoption of innovations of uncertain quality. Provided consumers are forward-looking (i.e., recognize the value of waiting for information), equilibrium dynamics...