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. Using a Cournot’s oligopolistic framework with exogenous innovation and costly investment in new technology, It shows that … correlated with the Lerner index and the HHI prior to innovation. The application of the new versions of the Lerner index and the …
Persistent link: https://www.econbiz.de/10013213403
Innovation is a flabby concept in antitrust practice, only coming into play in limited situations, as contrasted with … its seeming ubiquity in the business pages. Lacking an accurate underlying conception of innovation, the current tools and … theories of antitrust are inadequate. For innovation to be more muscular and better account for real world examples of …
Persistent link: https://www.econbiz.de/10013068674
This essay is the introduction to a forthcoming volume entitled, Regulating Innovation: Competition Policy and Patent …, this essay introduces the organizing themes of the volume. Innovation is critical to economic growth. While it is well … understood that legal institutions play an important role in fostering an environment conducive to innovation and its …
Persistent link: https://www.econbiz.de/10014046279
When innovation is cumulative, patent protection on early inventions can generate holdup problems if later …-on innovations. The positive innovation effect is strongest for concentrated overlapping ownership and for the cases in which …
Persistent link: https://www.econbiz.de/10011412391
We highlight business model innovation as a way for general managers and entrepreneurs to create and appropriate value …, especially in times of economic change. Business model innovation, which involves designing a modified or new activity system …&D. We offer managers and researchers a conceptual primer on business model innovation, emphasizing the importance of system …
Persistent link: https://www.econbiz.de/10013132594
regional technological innovation, and the goals of the senior managers of global corporations. These four conflicts involve:1 … technological innovation, and consequently reduced rates of economic growth.What was true for economic decline in each metro region …
Persistent link: https://www.econbiz.de/10013083071
of the firm with regard to IP transactions in which firms are involved when pursuing open innovation.We argue that the … innovation) to support firms managing transactions. Following the notion of Stigler (1951) and North (1996), the emergence of … TMIs as organizational innovation has an impact on the way how transactions were ‘traditionally managed and thus creates an …
Persistent link: https://www.econbiz.de/10013069785
There is much we do not understand about the “location” of innovation: the confluence, for a particular innovation, of … the technology associated with the innovation, the innovating firm's size and organizational structure, and the financial … contracting that supports the innovation. This Essay suggests that these three indicia are simultaneously determined and discusses …
Persistent link: https://www.econbiz.de/10013070674
We analyze a model of cost-reducing R&D and compatibility decisions by two platforms. After an exogenous improvement in the efficiency of R&D, each platform has a heightened incentive to make its software incompatible with the rival's hardware device to avoid being dominated in the hardware...
Persistent link: https://www.econbiz.de/10012968151
In this paper we analyze the conditions under which firms decide to offshore innovation. We consider the role of … technological change. Using unique data from the German Innovation Survey we find that while high speed of technological change … tends to drive innovation offshoring, high uncertainty about future technology developments results in more innovation …
Persistent link: https://www.econbiz.de/10012987480