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Frugal innovation and reverse innovation have very recently emerged as interesting concepts. Frugal innovation is based … on cost constraints to serve low-income customers in developing countries. When frugal innovation comes to developed … countries and becomes commercially successful it is considered as reverse innovation. Recently, many companies, such as GE …
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Deadlines are common in product development and are often felt to be too harsh - many development efforts are still worth continuing at the time of mandated termination. We examine the value of deadlines from the agency-theoretic perspective. We consider a firm that pays an agent to lead product...
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Studying acquisitions in the US pharmaceutical industry, we first question how the alignment of acquirers’ innovation …
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