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-run marginal cost in industries where production costs decline over time. In the context of the solar photovoltaic module industry … production costs. While we find a significant effect attributable to excess capacity for some quarters in our sample period, the …
Persistent link: https://www.econbiz.de/10012999795
This paper has been accepted for publication in the Santa Clara University Computer & High Tech Law Journal. The vast majority of the products developed by the IT industry are technologically complex, incorporating hundreds or thousands of different components, and many of these components read...
Persistent link: https://www.econbiz.de/10013038305
Structural changes influenced by ICT are having an impact on production processes and the release of products in the …
Persistent link: https://www.econbiz.de/10013001659
Technical standard setting, though conducted largely through private organizations, possesses many attributes of a public function. By and large, SDO policies operate effectively to enable competitors to collaborate to develop standards that produce network effects and yield significant social...
Persistent link: https://www.econbiz.de/10012964462
We analyze the link between entry and R&D spending distribution. We consider a monopolistic competitive market with free entry in which firms can invest in cost-cutting R&D by paying a fixed cost first. For an intermediate level of fixed cost, there is a unique equilibrium in which the market...
Persistent link: https://www.econbiz.de/10013158070
The FCC Procedural Reform for Openness and Clarity Encouraging Sensible Solutions Act (FCC PROCESS Act) is a commendable effort to improve decision making at the Commission, and upon analysis it is evident the proposed reforms would do much in improving both transparency and timeliness in the...
Persistent link: https://www.econbiz.de/10013159347
capital, development of technical institutions, and public policies in support of enterprise development and innovation, have … working of a well integrated national innovation system. They seem to be instead, path, or process, dependent, and determined …
Persistent link: https://www.econbiz.de/10013159836
Big Tech is in the news. At the center of our political and economic dialogue is the effect that Amazon, Apple, Facebook, and Google have on our lives and what, if anything, governments should do about it. In this short piece, I explain how Big Tech has come under scrutiny, the antitrust...
Persistent link: https://www.econbiz.de/10012834909
This short paper responds to the criticisms made by Richard Vary on observations that I have made in one of my papers on the issue of whether, as a result of their FRAND commitment (or their obligations under EU competition law), standard-essential patents (“SEPs”) holders are under an...
Persistent link: https://www.econbiz.de/10012835652
The sudden, mandated closures of businesses, restaurants, and schools in response to the COVID-19 pandemic impose severe economic and social costs. People want to know when they can reopen their shops, rehire furloughed employees, and return to a life with some semblance of normalcy. Medical...
Persistent link: https://www.econbiz.de/10012837597