As software ages, it is increasingly unable to leverage new technologies and fulfill the evolving user requirements. As … an older and out-of-date software product. This is reminiscent of the machine maintenance literature in operations … issue, we model the costs and revenues associated with a succession of upgrades marketed by a software product monopoly into …

The introduction of product upgrades in a competitive environment is commonly observed in the software industry. When … introducing a new product, a software vendor may employ behavior-based price discrimination (BBPD) by offering a discount over its …

In this paper, we model competition between two software product vendors, an incumbent and entrant, with specific focus … the first period, the incumbent offers an initial version of the software product. In the second period, both incumbent … and entrant offer improved versions of the software, with upgrade discounts to customers who have already purchased the …

employing firms too if they get some strategic value from the open source software and/ or if the productivity of the …

As software ages, it is increasingly unable to leverage new technologies and fulfill evolving user requirements. Firms … producing software products therefore get an opportunity to introduce and sell upgrades. Our research looks at the optimal … accelerating pace of hardware and software developments (e.g. Moore's law) suggests decreasing intervals between upgrades, real …

The presence of an open source software community has provided firms with a non-monetary compensation dimension: the … for the software firm is to determine the optimal extent of this participation by trading off the reduction in the …