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Baron, Justus; Ménière, Yann; Pohlmann, Tim - In: International Journal of Industrial Organization 36 (2014) C, pp. 22-35

The development of formal ICT standards is a challenging form of collaborative innovation, combining consensus decision making and R&D rivalry. To supplement this formal standard setting process, it has thus become frequent that part of the involved firms creates ad hoc consortia to better align...

Persistent link: https://www.econbiz.de/10010939744

Tacit knowledge with innovative entrepreneurship

Spulber, Daniel F. - In: International Journal of Industrial Organization 30 (2012) 6, pp. 641-653

Tacit knowledge affects the trade-off between entrepreneurship and technology transfer. I present a formal model in …-use through entrepreneurship can exceed the benefits from technology transfer. In equilibrium, higher-quality inventions result in … entrepreneurship and lower-quality inventions result in technology transfer. R&D investment and absorption investment are strategic …

Persistent link: https://www.econbiz.de/10010594869

Acquisitions, entry, and innovation in oligopolistic network industries

Norbäck, Pehr-Johan; Persson, Lars; Tå̊g, Joacim - In: International Journal of Industrial Organization 37 (2014) C, pp. 1-12

In industries with network effects, incumbents' installed bases create barriers to entry that discourage entrepreneurs from developing new innovations. Yet, entry is not the only commercialization route for entrepreneurs. We show that the option of selling to an incumbent increases the...

Persistent link: https://www.econbiz.de/10011117298

The 80/20 rule: Corporate support for innovation by employees

Krasteva, Silvana; Sharma, Priyanka; Wagman, Liad - In: International Journal of Industrial Organization 38 (2015) C, pp. 32-43

We model an employee's decision to pursue an innovative idea at his employing firm (internally) or as a start-up (externally). We characterize an idea by its market profitability and the degree of positive/negative externality that it imposes on the employing firm's profits. The innovation...

Persistent link: https://www.econbiz.de/10011190627