. Firm 1 has the option to carry out a product innovation project in two stages and in between the two stages Firm 2 can … invest in cost-reducing process innovation. Hence, Firm 1's incentive to complete the innovation of the horizontally and … vertically differentiated new product is influenced by Firm 2's process innovation activities. Our results are as follows. First …

. Historically, the knowledge needed for each kind of innovation has been separately developed and interpreted: while technological … knowledge is developed by industrial R&D centers, the knowledge about socio-cultural trends is often tacit and developed by … specific organizational characteristics might facilitate different innovation strategies …

to develop the innovation and the decision to introduce the new product in the market are separated. In our multi … potential innovator strategically over-invests in process innovation in order to push the potential innovator to introduce the …

to develop the innovation and the decision to introduce the new product in the market are separated. In our multi … potential innovator strategically over-invests in process innovation. In this equilibrium the competitor over-invests in order …