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Innovative activity and sunk cost
Kaplan, Todd R.; Luski, Israel; Wettstein, David - 2000
Persistent link: https://www.econbiz.de/10001542288
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How the Sunk Costs of Incumbents Make Entrants Important for Innovation : A Model and Implications for Policy
Rtischev, Dimitry - 2016
The paper clarifies how sunk costs can lead a rational incumbent to innovate less than an entrant. It also demonstrates that competition among incumbents yields less adoption of new and more efficient production technology than competition which includes entrants. The results suggest that policy...
Persistent link: https://www.econbiz.de/10012996869
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The role of sunk cost and slack resources in innovation : a conceptual reading in an entrepreneurial perspective
De Falco, Salvatore Esposito; Renzi, Antonio - In: Entrepreneurship research journal : ERJ 5 (2015) 3, pp. 167-179
Persistent link: https://www.econbiz.de/10011290924
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Firm innovation persistence : a fresh look at the frameworks of analysis
Le Bas, Christian; Scellato, Giuseppe - In: Economics of innovation and new technology 23 (2014) 5/6, pp. 423-446
Persistent link: https://www.econbiz.de/10010437732
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Strategic and tactical decisions, sunk costs and firm size effects in R&D
Vossen, Robert W. - 1998
Persistent link: https://www.econbiz.de/10000987776
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Strategic spillovers and incentives for research and development
Harhoff, Dietmar - In: Management science : journal of the Institute for … 42 (1996) 6, pp. 907-925
Persistent link: https://www.econbiz.de/10001205745
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Managing spillovers : an endogenous sunk cost approach
Senyuta, Olena; Žigić, Krešimir - In: Information economics and policy : IEP 35 (2016), pp. 45-64
Persistent link: https://www.econbiz.de/10011614262
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The hold-up problem, innovations, and limited liability
Schmitz, Patrick W. - 2012
Persistent link: https://www.econbiz.de/10009581839
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How licensing resolves hold-up : evidence from a dynamic panel data model with unobserved heterogeneity
Siebert, Ralph; Graevenitz, Georg von - 2006
In a patent thicket licensing provides a mechanism to either avoid or resolve hold-up. Firms' R&D incentives will differ depending on how licensing is used. In this paper we study the choice between ex ante licensing to avoid hold-up and ex post licensing to resolve it. Building on a theoretical...
Persistent link: https://www.econbiz.de/10010343952
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Exploring the value of a novel decision-making theory in understanding R&D progress decisions
Rutten, Maarten E. J.; Dorée, André G.; Halman, … - In: Management decision : MD 51 (2013) 1, pp. 184-199
Purpose: The purpose of this article is to explore the ability of a novel psychological theory of how people make … decisions, narrative‐based decision theory, to help explain people's decisions about whether to continue investment in a … research and development (R&D) project (R&D progress decisions). Design/methodology/approach: The paper applies the new theory …
Persistent link: https://www.econbiz.de/10009725594