, cannot be reduced. Our model allows a manager to account for potential competition, either substitute or complementary, by … increases in the expected level of substitute (complementary) competition making the firm less (more) likely to adopt the … innovation. Finally, the existence of a Nash equilibrium in cone-shaped strategies is established. …

Breaking with many established assumptions about how innovation ought to work, open source software projects offer eye …-opening examples of novel innovation practices for students and practitioners in many fields. In this article we briefly review …, organization, and the process of innovation in open source software projects; and competitive dynamics enforced by open source …

How does competition among economic actors determine the value that each is able to appropriate? We provide a formal … familiar notion that uniqueness, inimitability, and competition imply value appropriation, and (ii) determine the value …

accepted by Kamalini Ramdas, entrepreneurship and innovation.</i> …

, entrepreneurship and innovation.</i> …

yielding a valuable innovation. Finding the complementary piece requires ideas to circulate, which creates appropriation risks … provides new insights into the structure of innovation-driven clusters such as Silicon Valley. <i>This paper was accepted by …

This paper identifies four groups among 113 Fortune 500 manufacturers that approach innovation quite differently. The …. Both product innovation and financial performance differ significantly over the groups, and a group of 42 firms that invest … heavily in innovation perform best financially. A smaller group of firms that are not innovative but which follow a strategy …

element, the authors' model may be able to explain a firm's incentives for an innovation rather than incentives for the …

entrepreneurship and economic growth. This paper was accepted by Gérard P. Cachon, entrepreneurship and innovation. …