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innovation. We develop a formal model of an innovation arising from the combination of two existing modules with the objective to … innovation) and the benefits associated with returns to scale. We derive conditions for optimal diversity under different regimes …
Persistent link: https://www.econbiz.de/10011377094
firms because it lowers the probability they win the innovation contest for that project; however, the investment of a firm …
Persistent link: https://www.econbiz.de/10012137259
rather than training workers to enhance innovation performance. …
Persistent link: https://www.econbiz.de/10011772909
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rival market. We show that this strategic effect dominates the usual "innovation for buyout effect" when the entrant …'s bargaining power is below a threshold. Allowing for acquisitions may improve the direction of innovation of each of the players …
Persistent link: https://www.econbiz.de/10014335535
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This study analyses 1400 research projects of the top 20 R&D-spending pharmaceuticals to identify the determinants of successful research projects. We provide clear evidence that externally sourced projects and projects involving biotechnologies perform better than internal projects and chemical...
Persistent link: https://www.econbiz.de/10011374419
effect of recombinant innovation of the two technologies. A mechanism of endogenous competition is described involving a … positive externality of increasing returns to investment which are counterbalanced by recombinant innovation. We determine … innovation. …
Persistent link: https://www.econbiz.de/10011382078
framework and a test on innovation data from several European cities. This framework is mainly built on the product life …
Persistent link: https://www.econbiz.de/10010337320