With a focus on the digital camera industry, which of all IT devices Japan has high industry competitive advantage, we discuss what product strategy did companies employ to create and capture value as the market developed, and how product architecture has changed. To meet the different needs of...

Outsourcing - und damit die Integration von Wertschöpfungsketten in der industriellen Produktentstehung - ist ein in Wissenschaft und Management intensiv diskutiertes Thema. Auf dem Gebiet der Produktentwicklung komplexer technischer Güter ist allerdings die Frage bisher nicht abschließend...

Throughout his illustrious career Professor Clem Tisdell has displayed a holistic sense of scholarship rare amongst contemporary economists. Tisdell has been prepared to look both within and beyond his discipline and maintain a critical but balanced assessment of the shortcomings of mainstream...

The optimal duration of a supply contract balances the costs of re-selecting a supplier against the costs of being matched to an inefficient supplier when the contract lasts too long. I develop a structural model of contract duration that captures this tradeoff and provide an empirical strategy...