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A persistent theme in the academic literature on technological innovation is that incumbent enterprises have great … difficulty crossing the abyss created by a radical technological innovation. It is argued that incumbents go into decline, while … performance in markets shaken by a radical technological innovation …
Persistent link: https://www.econbiz.de/10014028917
concentration upon innovation, focusing on robust findings, questions of interpretation, and the identification of major gaps. We … also consider the more modest literature that considers the effect on innovation of firm characteristics other than size …
Persistent link: https://www.econbiz.de/10014025172
This paper investigates the impact of technical progress on the relationship between competition an investment. Using a model of oligopoly competition with di¤erentiated products where firms invest to reduce their marginal cost of production, I find that technical progress, which increases the...
Persistent link: https://www.econbiz.de/10011957665
This paper investigates dynamic process innovation in a product differentiated market where firms can reinvest present … that increasing the number of firms reduces process innovation, whereas raising the degree of competition between products … the number of firms and the dynamic efficiency loss due to reduced process innovation. It further characterizes the …
Persistent link: https://www.econbiz.de/10014041637
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
this paper, using some of the insights of Schumpeterian evolutionary economics. To summarise, it is shown that innovation … law, standardisation and universities. It is these processes of innovation that make the New ICT Ecosystem the restless …
Persistent link: https://www.econbiz.de/10014210156
Persistent link: https://www.econbiz.de/10012709762
positions of their larger, more established rivals. Despite this attention, empirical results relating firm size to innovation … abilities to translate own- and partner-firm experiences into innovation activity. Results from a ten-year study of 463 … of small and large firms give rise to heterogeneity in the firms' innovation activity …
Persistent link: https://www.econbiz.de/10014048516
apply the general concept of social interactions to the area of the economics of innovation and technological change. In …
Persistent link: https://www.econbiz.de/10014049121
on the impact of the dispersion of corporate innovation on the pattern of regional technological advantage, and … contributes to the debate concerning the role of corporate innovation in the international relative decline of the British economy … in the interwar period. Overall, the rise of corporate innovation in the largest firms in Britain did play a significant …
Persistent link: https://www.econbiz.de/10014133897