of commercialization (entry or sale) in network industries showing that high equilibrium acquisition prices are driven by … 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 … acquisition relative to entry. A policy enforcing strict compatibility leads to more entry, but can be counterproductive by …

In industries with network effects, incumbents' installed bases create barriers to entry that discourage entrepreneurs … from developing new innovations. Yet, entry is not the only commercialization route for entrepreneurs. We show that the … not necessarily restrict the innovation incentives and that network effects promote acquisitions over entry. …

In industries with network effects, incumbents’ installed bases create barriers to entry that discourage entrepreneurs … from developing new innovations. Yet, entry is not the only commercialization route for entrepreneurs. We show that the … necessarily restrict innovation incentives. We also show that network effects promote acquisitions over entry and that the …

market with horizontal product differentiation when choosing its level of roll-out. The endogenous extent of entry influences … downstream retail prices; Bertrand or local monopoly pricing or a mixed strategy equilibrium may emerge. Importantly, entry may …

welfare. This paper indicates that this might not happen for at least two reasons. First, energy markets, including the market …

welfare. This paper indicates that this might not happen for at least two reasons. First, energy markets, including the market …