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Platform economics has promoted open innovation through sufficient channels to reveal and exchange knowledge with experts or valued customers. However, innovation also suffers from information stickiness and product diversification risks. In order to design an innovation strategy on a platform,...
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We analyze an Open Innovation process in a Cournot duopoly using a differential game approach where knowledge spillovers are endogenously determined via the R&D process. The game produces multiple steady states, allowing for an asymmetric solution where a firm may trade off the R&D investment...
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While firms increasingly adopt open innovation, little is known about whether firms gain or lose from this innovation approach. Motivated by this research gap in the literature, the thesis explores the antecedents and performance implications of open innovation strategies, particularly...
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