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Self-experimentation makes some experiments much easier. They might be impossible without it. It can generate plausible new ideas by (a) producing surprising results, which suggest new ideas; and (b) allowing implausible ideas to be cheaply tested. For example, one of my self-experiments showed...
Persistent link: https://www.econbiz.de/10011050069
extend the work following Lindblom by studying the failure of an innovation in engine technology. The key argument is that by … uses the case of how a new engine for lawnmowers incrementally failed to become an innovation as an illustration. In this …
Persistent link: https://www.econbiz.de/10011050102
differences in entrepreneurial activity and innovation outcomes between these homogeneous groups. Results indicate significant … differences, not only in entrepreneurial activity, but also in the type of entrepreneurship and innovation results. These findings … entrepreneurial activity and innovation results. …
Persistent link: https://www.econbiz.de/10011050111
Since the 1970s, electronics and associated electrical equipment (henceforth “electronics”) has been one of the most dominant industries in the developed countries, with its geographical centre firmly rooted in the USA. The overall presence of electronics patents in the USA is considerable,...
Persistent link: https://www.econbiz.de/10011050523
Observers worry that generic patent challenges are on the rise and reduce the effective market life of drugs. A related concern is that challenges disproportionately target high-sales drugs, reducing market life for these “blockbusters.”
Persistent link: https://www.econbiz.de/10011051297
diseases and consumption of treatments to those diseases. This increases the reward for innovation and thus benefits the … innovator. It also increases treatment innovation which benefits all consumers. As individuals do not take these positive … externality for obesity. The lower bound is independent of how much additional innovation is generated. The results show that the …
Persistent link: https://www.econbiz.de/10011051304
Using a simple but general two-stage framework, this paper identifies the circumstances under which increasing competition leads to more cost-reducing investments. The framework can, for instance, capture increasing substitutability for different types of oligopoly models or changes from Cournot...
Persistent link: https://www.econbiz.de/10011051617
This paper provides empirical evidence on the relationship between cross-border acquisitions and innovation activities …
Persistent link: https://www.econbiz.de/10011051628
The EU mandated a single standard for second generation wireless telecommunications, whereas the US allowed several incompatible standards to battle for market share. Motivated by this example, we argue that a single standard leads to a free riding problem, and thus to a significant decrease in...
Persistent link: https://www.econbiz.de/10011051662
Although there are many models that yield a simple interpretation of the basic features of firm and industry evolution, they are too stylized to confront the micro-level data in a formal quantitative analysis. By introducing heterogeneity to a stylized industry evolution model, I explain several...
Persistent link: https://www.econbiz.de/10011051927