This paper studies the impact of competition on a firm's choice of technology (product-flexible or product … by price-dependent and uncertain demand. The firms make three decisions in the following sequence: choice of technology … (technology game), capacity investment (capacity game), and production quantities (production game). The technology and capacity …

technology licensing. Empirically, we examine the influence of university prestige on the annual rate of technology licensing by …

In contrast to the large and rapidly growing literature on information technology (IT) investments and firm …

and the workstation markets in response to a new technology: reduced instruction set computing (RISC). In the PC market … indicates that the exploration of a new, incompatible technology is more likely to increase the chance of firm growth when there … are a substantial number of power users or when a new technology is introduced before an established technology takes off. …

The profitability of a new technology is rarely known with certainty at its announcement date. Consequently, prior to … estimate of profitability crosses one of two thresholds: upon crossing the upper threshold the firm adopts the technology …, whereas the firm rejects the technology if the lower threshold is crossed. The model predicts that even the manager who …

lagging technology even when a lead technology has built a large installed base. The presence of such a local bias facilitates … the persistence of incompatibilities. When local bias cannot be sustained in other interaction networks, one technology …

This paper demonstrates the potential role of policy and management analyses at early stages of technology development … that commercially attractive HDR systems do not require the development of new, very high temperature drilling technology …