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When should entrepreneurs choose to enter the market with a start-up? And when should they sell their invention or business idea? New research on how entrepreneurs decide between entry and sale offers significant insights for policy makers concerned about economic welfare. At first glance, the...
Persistent link: https://www.econbiz.de/10013296076
We develop a model of entrepreneurial innovation for entry and sale into oligopoliessuitable for welfare analysis. We show that the expected consumer welfare can be higherunder commercialization by sale than under commercialization by entry despite increasedmarket power in the product market....
Persistent link: https://www.econbiz.de/10014186478
and control practices. Organizations that primarily focus on minimizing risks within budget or reducing the total cost of …
Persistent link: https://www.econbiz.de/10012995359
This paper examines whether digitalization can be a driver of "upgrading" in global value chains and help developing countries move into higher value-added activities. In particular, the paper provides empirical evidence on the impact of digital capabilities on product upgrading in Indian...
Persistent link: https://www.econbiz.de/10012008263
Since the early 2000s, there has been rapid growth in the number and spread of supermarkets in southern Africa. This paper is a synthesis of key findings of studies undertaken in Botswana, South Africa, Zambia, and Zimbabwe on the expansion of supermarkets and the impact this has had on...
Persistent link: https://www.econbiz.de/10011582501
This paper explores the effect of the spread of supermarkets on the participation of suppliers in supermarket value chains in Botswana and South Africa. Using secondary data and in-depth interviews with key players in the value chain, the paper evaluates the buyer power of supermarkets evidenced...
Persistent link: https://www.econbiz.de/10011595718
valuation of firms in the transition as technology changes, and whether or not share prices are always increasing when … technology improves. We find that there can be a U-shaped transition dynamic, so that an initial boom in share price is followed … by a temporary fall in share price even though the underlying technology is improving. …
Persistent link: https://www.econbiz.de/10011408812
artifacts that evolve in the form of a nested hierarchy of technology cycles. Such a nested complex system perspective provides …
Persistent link: https://www.econbiz.de/10014027881
Though economists have examined labor displacement due to digitization, few have considered the new work and value created. Studies of platforms invariably focus on specific organizational forms such as sharing or gigs. They build taxonomies based on the platform's organization – few consider...
Persistent link: https://www.econbiz.de/10012062123
the literature on systems theory and business models to identify a way to combine both ‘theories’ in order to gain new …
Persistent link: https://www.econbiz.de/10014154615