We study the links between observability and flexible technological choices in a duopolistic market. We show that, in large markets, the strategic value of flexibility is positive and observability of technological choices promotes the adoption of more flexible technologies whereas in small...

We study the development of a duopoly industry -evolution of firm capacities and competitive behavior- in a continuous-time real-options model of capacity investment. Our methodology allows the evaluation of investment options and exercise rules in a strategic setup. In the initial industry...

We study a simple duopoly model of preemption with multiple investments and instantaneous Bertrand competition in a stochastically growing market. Different patterns of equilibria may arise, depending on the importance of the real option effect. If the average growth rate of the market is close...

" Switzerland is the growth laggard in the industrial world " - this dismal view has become part and parcel of today's conventional wisdom in Switzerland and elsewhere. We show it to be but partially true : accurate when judged by the trend growth rate of officially recorded real GDPs in...

Dans cet article nous nous proposons d'analyser les effets de l'ouverture à la concurrence sur les stratégies de tarification des ventes liées à travers un modèle de choix discret. Nous montrons que dans une situation de duopole vendre les biens de manière indépendante est un équilibre...

This paper analyzes the strategies of internationalization of the automotive First Tier Suppliers (FTS). The developments of the modular production in the car industry induce an evolution of the vertical relationships which explain, at the same time, the interest and the forms of the...

In stigmatized industries characterized by social contestation, hostile audiences, and distancing between industry insiders and outsiders, firms facing media attacks follow different strategies from firms in uncontested industries. Because firms avoid publicizing their tainted-sector membership,...

Le secteur agroalimentaire subit à l?échelle mondiale une transformation remarquable. Ce processus s?accompagne d?un recours accru à la contractualisation, qui suscite des préoccupations concernant la transparence du marché, les conséquences possibles pour les acteurs de la filière...

This article analyzes the technical and organizational dynamics on which the strategies of the European aircraft manufacturer are founded. The point of view developed is that refocusing on architect-integrator activities, increasing modular decomposition of the process of building airplanes and...

Two questions are the core of business intelligence: coordination and cooperation. Both, coordination and cooperation, are simultaneously resources and the result of strategies of change. The combination of knowledge and know-how is oriented towards the solution of new problems and serves the...