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We examine the market power of a seller who repeatedly offers upgraded versions of a product. In the case of pure monopoly, the seller also controls compatibility across versions. In the case of an entrant who offers an upgrade, the incumbent seller also controls subsequent interoperability...
Persistent link: https://www.econbiz.de/10008674721
fundamental determinants of the patterns of innovation, the demand structure plays a crucial role in preventing the emergence of …
Persistent link: https://www.econbiz.de/10011001837
Persistent link: https://www.econbiz.de/10009149921
This paper proposes a framework for examining factors that affect innovation in sectors: sectoral systems. Sectoral … part of this paper, the concept and the definition of a sectoral systems of innovation are presented. In the second part of …
Persistent link: https://www.econbiz.de/10005637538
We examine the market power of a seller who repeatedly offers upgraded versions of a product. In the case of pure monopoly, the seller also controls compatibility across versions. In the case of an entrant who offers an upgrade, the incumbent seller also controls subsequent interoperability...
Persistent link: https://www.econbiz.de/10014196124