costs) and predicted that PPU, when arising as a di fferentiation to selling in equilibrium, fundamentally achieves lower … profi ts than selling. We extend the theory by covering goods with any production cost, in duopolistic competition. We show … that PPU business models can be more pro table than selling (especially at mid-range production costs), as long as their …

different rates, then the optimal strategy for the firm involves a combination of both leasing and selling. We conclude the … this area has argued that in a monopolistic environment, leasing dominates selling. Hence, leasing and selling should not … leasing and selling hinges on the rates at which leased and sold units depreciate. In particular, we find that leasing does …

explanation of retention. <i>This paper was accepted by Bruno Cassiman, business strategy.</i> …

supervision will be more common when valuable resources are rare. <i>This paper was accepted by Bruno Cassiman, business strategy.</i> …

strategy.</i> …

groups are based on 27 measured elements of corporate environment, corporate strategy, and formal and informal organization … heavily in innovation perform best financially. A smaller group of firms that are not innovative but which follow a strategy … environment, good strategy and good organization---strong positions in growing markets, investment in research and development …