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The use of unilateral pricing policy (UPP), in which the manufacturer sets the common retail price for all retailers, is increasingly popular in the United States as a result of recent legal developments. This paper develops an analytical framework to model UPP in multichannel markets. The...
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Drawing on institutional theory, we examine how institutions have influenced technology development trends in the U.S. since the mid-19th century. Based on an inductive analysis of the history of technology development and corporate R&D, we show that both formal and informal institutional rules...
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Over the last century, many firms have primarily relied on their internal laboratories as the main source for Ramp;D. The output from this Ramp;D helped to increase profits and organic growth through the development of new products and processes. However, the increased mobility and availability...
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