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Despite descriptive empirical evidence on start-up numbers and survival rates of young firms, the interaction of market entry decisions and reactions of incumbent competitors is still insufficiently understood in the entrepreneurship literature. Repeated games offer a suitable theoretical...
Persistent link: https://www.econbiz.de/10010892212
This paper investigates the case of market entry strategies following the introduction of a disruptive innovation …
Persistent link: https://www.econbiz.de/10009226621
This paper evaluates how different lengths of entry regulation impact market structure and market performance using a dynamic structural model. We formulate an oligopoly model in the tradition of Ericson and Pakes (1995) and allow entry costs to vary over time. Firms have the opportunity to...
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No abstract.
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This paper empirically examines how business unit reorganization affects innovation, and explores how the learning … within a firm. Innovation is radical and involves product market entry by a firm into markets in which it was not previously … innovation to determine whether and how learning occurs in the presence of unit-level structural change. Theoretical support is …
Persistent link: https://www.econbiz.de/10009198150
entrepreneurs' choice of riskiness (or quality) of an innovation project, and on their mode of commercializing the innovation … choose projects with inefficiently little risk. The same distortion does not arise when entrepreneurs sell their innovation …
Persistent link: https://www.econbiz.de/10011056208