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-line extension (an upgrade through innovation) before it faces generic competition. There are two types of physicians: loyal … firm decides the level of innovation. In the second-stage, all firms decide sequentially their prices, with the incumbent … innovation, the incumbent firm competes for the price-sensitive physicians. However, for low levels of innovation, the incumbent …
Persistent link: https://www.econbiz.de/10010317100
This paper focuses on the systems-of-innovation (SI) approach and its policy implications. It introduces the topic by … the innovation process and the division of labour between private and public actors in carrying out SI activities. In this … context, the paper argues that the notion of optimality is irrelevant in an innovation system context and it discusses the …
Persistent link: https://www.econbiz.de/10010273365
investment incentives of the initial innovator, contrary to much of the cumulative innovation literature. Indeed, as the effect …
Persistent link: https://www.econbiz.de/10010300296
In this paper we study the welfare effect of a monopoly innovation. Unlike many partial equilibrium models carried out … technical innovation carried out by a monopolist could significantly increase the social welfare. We conclude that, in general …, the criticism against monopoly innovation based on its increased deadweight loss is less accurate than previously …
Persistent link: https://www.econbiz.de/10010302705
Innovationsbegriff lag den entsprechenden Studien zugrunde? Welche neuen Erklärungsansätze für den Zusammenhang von Innovation und …
Persistent link: https://www.econbiz.de/10010303455
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strive to institutionalize internal culture of innovation. This concept postulates a creation of various organizational …
Persistent link: https://www.econbiz.de/10011428159
The Triple Helix innovation model focuses on university-industry-government relations. The Quadruple Helix embeds the … innovation model is even broader and more comprehensive by contextualizing the Quadruple Helix and by additionally adding the … higher education for innovation. However, in one line of interpretation it could be argued that the Triple Helix places the …
Persistent link: https://www.econbiz.de/10010317878