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acquisition relative to entry. A policy enforcing strict compatibility leads to more entry, but can be counterproductive by … of commercialization (entry or sale) in network industries showing that high equilibrium acquisition prices are driven by … more important when there is an increase in network effects. A consequence is higher innovation incentives under an …
Persistent link: https://www.econbiz.de/10010320239
acquisition relative to entry. A policy enforcing strict compatibility leads to more entry, but can be counterproductive by … of commercialization (entry or sale) in network industries showing that high equilibrium acquisition prices are driven by … more important when there is an increase in network effects. A consequence is higher innovation incentives under an …
Persistent link: https://www.econbiz.de/10008919575
for innovation for sale. Moreover, we show that increasing the degree of industry-wide standardization furthers the goal … presence of network externalities tends to make the entrepreneur prefer sale to entry. Moreover, we also show that the … incentive to innovate for entry decreases when network effects become stronger, whereas there is an increase in the incentive …
Persistent link: https://www.econbiz.de/10012708688
The central prediction of the Aghion et al. (2005) model is an inverted U-shaped relation between innovation and …-sector firms. However, non-exporting service firms deviate from the overall pattern. A more detailed breakdown of innovation … capacity to handle innovation projects internally and as competition increases, so does the payoff of an edge to competitors. …
Persistent link: https://www.econbiz.de/10010281438
We study the effect of market structure on a personal computer manufacturer's decision to adopt new technology. This industry is unusual because there exist two horizontally segmented retail markets with different degrees of competition: the IBM-compatible (or PC) platform and the Apple...
Persistent link: https://www.econbiz.de/10010287060
The central prediction of the Aghion et al. (2005) model is an inverted U-shaped relation between innovation and …-sector firms. However, non-exporting service firms deviate from the overall pattern. A more detailed breakdown of innovation … capacity to handle innovation projects internally and as competition increases, so does the payoff of an edge to competitors …
Persistent link: https://www.econbiz.de/10003766821
mobile networks, prioritized delivery services are complementary to the CP's investments and can facilitate entry of …
Persistent link: https://www.econbiz.de/10010412363
What is the best way to reward innovation? While prizes avoid deadweight loss, intellectual property selects high … social surplus projects. Optimal innovation policy thus trades off the ex-ante screening benefit and the ex-post distortion … and market size of the innovation. The appropriate degree of market power is never full monopoly pricing and is determined …
Persistent link: https://www.econbiz.de/10013115803
Colombian manufacturing exporting firms survey results are analyzed highlighting innovation, promotion, and learning …
Persistent link: https://www.econbiz.de/10013159838
mobile networks, prioritized delivery services are complementary to the CP's investments and can facilitate entry of …
Persistent link: https://www.econbiz.de/10013046060