Duque, Gabriel - Department of Economics and Business, Universitat … - 1998
enters or innovates it benefits from the information it gets by observing past entry. Delays in the process of receiving the … information reduce the benefits of the spillover and affect the entry process. I derive the effects this delay has on diffusion …, on the dynamics of price and cost of entry, and on efficiency. I explain why, when spillovers of information are delayed …