acquisition relative to entry. A policy enforcing strict compatibility leads to more entry, but can be counterproductive by … of commercialization (entry or sale) in network industries showing that high equilibrium acquisition prices are driven by … more important when there is an increase in network effects. A consequence is higher innovation incentives under an …

acquisition relative to entry. A policy enforcing strict compatibility leads to more entry, but can be counterproductive by … of commercialization (entry or sale) in network industries showing that high equilibrium acquisition prices are driven by … more important when there is an increase in network effects. A consequence is higher innovation incentives under an …

for innovation for sale. Moreover, we show that increasing the degree of industry-wide standardization furthers the goal … presence of network externalities tends to make the entrepreneur prefer sale to entry. Moreover, we also show that the … incentive to innovate for entry decreases when network effects become stronger, whereas there is an increase in the incentive …

into an entry barrier, protecting the position of an inefficient incumbent; or that, conversely, they can make it possible …

This paper explores an equilibrium model for industry entry dynamics and technological change. We focus on the share …

into an entry barrier, protecting the position of an inefficient incumbent; or that, conversely, they can make it possible …

into an entry barrier, protecting the position of an inefficient incumbent; or that, conversely, they can make it possible …

This paper explores an equilibrium model for industry entry dynamics and technological change. We focus on the share …