We show that time-to-build, which creates a lag between the decision to invest and production, is an important element … of industry structure. We study a multiperiod investment game where there is demand uncertainty. Adding time-to-build to …, time-to-build gives rise to novel equilibria in which firms invest incrementally, which contrasts with most prior work on …

&D, Produktmanagement und Marketing; Dozierende und Studierende, die sich mit Innovationsmanagement beschäftigen Der Herausgeber Prof. Dr …