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Leveraging Monopoly Power by Degrading Interoperability: Theory and evidence from computer markets
Genakos, Christos D.; Kühn, Kai-Uwe; Van Reenen, John - C.E.P.R. Discussion Papers - 2011
When will a monopolist have incentives to foreclose a complementary market by degrading compatibility/interoperability of his products with those of rivals? We develop a framework where leveraging extracts more rents from the monopoly market by 'restoring' second degree price discrimination. In...
Persistent link: https://www.econbiz.de/10009209834
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Interoperability and market foreclosure in the European Microsoft case
Kuhn, Kai Uwe; Van Reenen, John - London School of Economics (LSE) - 2008
In this paper we discuss some of the most important economic issues raised in European Commission vs. Microsoft (2004) concerning the market for work group servers. In our view, the most important economic issues relate to (a) foreclosure incentives and (b) innovation effects of the proposed...
Persistent link: https://www.econbiz.de/10010746007
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Is there a market for work group servers? Evaluating market level demand elasticities using micro and macro models
Van Reenen, John - London School of Economics (LSE) - 2004
This paper contains an empirical analysis demand for “work-group” (or low-end) servers. Servers are at the centre of many US and EU anti-trust debates, including the Hewlett-Packard/Compaq merger and investigations into the activities of Microsoft. One question in these policy decisions is...
Persistent link: https://www.econbiz.de/10011071318
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The growth of network computing : quality adjusted price changes for network servers
Van Reenen, John - London School of Economics (LSE) - 2005
productivity acceleration in the US economy since the mid 1990s is closely linked to spread of information technology of which … is mainly due to the selection bias in the standard matched model price index due to the exit of obsolete models which …
Persistent link: https://www.econbiz.de/10011071546
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Interoperability and Foreclosure in the European Microsoft Case
Kuhn, Kai-Uwe; Van Reenen, John - 2014
In this paper we discuss some of the most important economic issues raised in European Commission vs. Microsoft (2004) concerning the market for work group servers. In our view, the most important economic issues relate to (a) foreclosure incentives and (b) innovation effects of the proposed...
Persistent link: https://www.econbiz.de/10014048367
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Identifying technology spillovers and product market rivalry
Bloom, Nick; Schankerman, Mark; Van Reenen, John - London School of Economics (LSE) - 2013
The impact of R&D on growth through spillovers has been a major topic of economic research over the last thirty years. A central problem in the literature is that firm performance is affected by two countervailing "spillovers" : a positive effect from technology (knowledge) spillovers and a...
Persistent link: https://www.econbiz.de/10011126004
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Americans do I.T. better: US multinationals and the productivity miracle
Bloom, Nick; Sadun, Raffaella; Van Reenen, John - London School of Economics (LSE) - 2007
The US has experienced a sustained increase in productivity growth since the mid-1990s, particularly in sectors that … intensively use information technologies (IT). This has not occurred in Europe. If the US “productivity miracle” is due to a … abroad. This paper shows in fact that US multinationals operating in the UK do have higher productivity than non …
Persistent link: https://www.econbiz.de/10011071454
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Americans Do I.T. Better: US Multinationals and the Productivity Miracle
Bloom, Nicholas; Sadun, Raffaella; Van Reenen, John - C.E.P.R. Discussion Papers - 2007
The US has experienced a sustained increase in productivity growth since the mid-1990s, particularly in sectors that … intensively use information technologies (IT). This has not occurred in Europe. If the US “productivity miracle” is due to a … abroad. This paper shows in fact that US multinationals operating in the UK do have higher productivity than non …
Persistent link: https://www.econbiz.de/10005114281
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Mapping the two faces of R&D : productivity growth in a panel of OECD industries
Griffith, Rachel; Redding, Stephen; Van Reenen, John - 2001
productivity growth. …
Persistent link: https://www.econbiz.de/10011537553
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Identifying technology spillovers and product market rivalry
Bloom, Nick; Schankerman, Mark; Van Reenen, John - London School of Economics (LSE) - 2007
Support for R&D subsidies relies on empirical evidence that R&D "spills over" between firms. But firm performance is affected by two countervailing R&D spillovers: positive effects from technology spillovers and negative business stealing effects from R&D by product market rivals. We develop a...
Persistent link: https://www.econbiz.de/10011126428