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The paper examines the relationship between network externalities and the value ofthe World-Wide Web. It is shown that value depends on two offsetting effects. First,as the Web grows in size, so existing users gain from the additional content providedby new users. This is the standard concept of...
Persistent link: https://www.econbiz.de/10005670157
This paper explores the self-organising principles of horizontally-integrated innovation networks. It isshown that such networks can self-organising in environments where the co-ordination and production ofnew knowledge is itself a complex, dynamic and highly non-linear processes. The paper...
Persistent link: https://www.econbiz.de/10011146901
The paper examines the dynamics of the amateur camera market – a mature industry - in the period 1955-1974. The case study raises a number of important issues for innovation management in mature industries characterised by heterogeneous preferences and heterogeneous product designs. First, it...
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'Professor Swann summarizes the core thesis of his book beautifully in his concluding remarks: "... common innovation is about how we, ordinary people, create the wealth of nations. Business has no monopoly of innovation or of wealth creation." I applaud Swann's thoughtful efforts to move...
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