This paper reviews the literature on the economics of intellectual property rights (IPR), with a particular focus on the main industrial property rights of patents and trade marks. Intellectual property rights arise from the legal protection accorded to certain inventions or creations. We begin...

This paper reviews the Hotelling literature of product differentiation. The purpose of this work is to examine the impact of the market structure on price competitionand equilibrium differentiation. The existence of a general ’principle of differentiation’ is rejected. In contrast,...

The paper studies the impact of a diversification vs. a core-competence oriented strategy using an agent-based simulation model with the aim to analyze whether agent-based models are a viable tool for analyzing questions related to corporate strategy.

Das vorliegende Arbeitspapier beschäftigt sich mit der Annahme, dass das Internet zu Änderungen im Wettbebwerb innerhalb einer Branche geführt haben soll. Ziel ist es, die Aussagen der Annahme zu hinterfragen.

In this paper, we present a model of endogenous vertical integration and horizontal differentiation. Thereexists two output brands and two versions of the input. The only mean for output differentiation is the inputversion used in output production. Firms may choose to vertically integrate to...