The introduction of a new product generation forces incumbents in network industries to rebuild their installed base to maintain an advantage over potential entrants. We study if backward compatibility moderates this process of rebuilding an installed base. Using a structural model of the U.S....

We study the market for applications on Facebook, the dominant platform for social networking and make use of a rule change by Facebook by which high-quality applications were rewarded with further opportunities to engage users. We find that the change led to quality being a more important...

Competitive dynamics research has focused primarily on interactions between dyads of firms. Drawing on the awareness-motivation-capability framework and strategic group theory we extend this by proposing that firms? actions are influenced by perceived competitive pressure resulting from actions...

Wachstumstreiber Informations- und Kommunikationstechnologien: Moderne Kommunikationstechnologien sind für Industrienationen wie Deutschland bedeutende Handels- und Produktionsfaktoren. Deutschland hat ein großes Potenzial, mehr wirtschaftliches Wachstum durch eine stärkere Nutzung von...

We ask whether and what kind of unique factors influence the innovativeness of firms in clusters across geographic regions and industrial sectors. We provide evidence for the driving forces of firm innovativeness in different cluster types. Distinguishing between hierarchical clusters of mature...

Produktivität ist ein wichtiger Indikator für den Wohlstand und den Lebensstandard einer Volkswirtschaft. Mit ihm lässt sich erfassen, wie effektiv Inputfaktoren in Output umgewandelt werden. Jahrzehntelang war das europäische Wachstumsmodell von Erfolg gekrönt, im Zuge der aktuellen Krise...

This paper studies an under-explored phenomenon: standardization arising during the technology development stage from the interplay of incentives to compete and cooperate. We identify circumstances in which a firm will prelaunch its technology (i.e., publish detailed technological...

We ask whether and what kind of unique factors influence the innovativeness of firms in clusters across geographic regions and industrial sectors. We provide evidence for the driving forces of firm innovativeness in different cluster types. Distinguishing between hierarchical clusters of mature...

We review the recent literature on market structure, firm strategies and public policy in network industries. In particular, we focus on the latest applied work, including case studies and empirical work as well as refinements of the established theoretical results. We group each set of results...