We explore the impact of competition on innovation in a supply chain consisting of upstream manufacturers investing in innovation and a downstream retailer selling to consumers. We find that the competition between manufacturers induces more innovation. Moreover, the competition affects the...

Managers introducing new products with advanced component technologies frequently face the dual task of managing both revenues and profits. This task is made challenging, in part, due to the tendency of new technologies to traverse a sequentially downward path of gradually lowering costs and...

We explore the impact of downstream competition on upstream innovation in a supply chain consisting of an upstream supplier who invests in innovation and downstream manufacturers who sell to consumers. We show that the impact of downstream competition between manufacturers on innovation depends...

We consider a supply chain with an upstream supplier who invests in innovation and a downstream manufacturer. We study the impact of supply chain contracts with upstream innovation, focusing on three different contract scenarios: (i) a wholesale price contract set by the supplier, (ii) a...