Showing 1 - 10 of 33
This paper examines the role of dual sourcing (e.g., outside options) in vertical and horizontal relations. In a bilateral monopoly market, if either the upstream or downstream firm has outside options, the other firm could lose from seemingly positive shocks, e.g., market expansion or...
Persistent link: https://www.econbiz.de/10010517178
Innovators who have developed advanced technologies, along with launching new products by themselves, often license these technologies to their rivals. When a firm launches a new product, product positioning is also an important matter. Using a standard linear city model with two firms, we...
Persistent link: https://www.econbiz.de/10003981892
This paper combines three prototype endogenous growth models, the models with human capital accumulation introduced by Uzawa [1965] and Lucas [1988], variety expansion by Romer [1990], and quality improvements by Aghion and Howitt [1992], in order to investigate how these three engines of growth...
Persistent link: https://www.econbiz.de/10003819993
This paper examines the role of outside options in a downstream duopoly with exclusive vertical relations as in the Japanese automobile industry. In our setup, the downstream firms have outside options, and two upstream firms with exclusive relations can engage in cost reducing investments. More...
Persistent link: https://www.econbiz.de/10011882969
This paper examines the questions of who participates in the provision of a public good through the voluntary participation of agents in the presence of strong complementarity between a public good and a private good. We show that the greater the initial endowment of the private good that agents...
Persistent link: https://www.econbiz.de/10009427088
In recent years firms have started to offshore their innovation activities to emerging economies. This paper … investigates the implications of innovation offshoring for productivity growth in a two-country framework that features a tension … between access to technical knowledge and low-cost high-skilled labor in the innovation location decision. Industry and …
Persistent link: https://www.econbiz.de/10012024736
empirical framework allows for separate treatment of product innovation (vertical differentiation) and diversification …
Persistent link: https://www.econbiz.de/10012241000
; innovation ; chaos …
Persistent link: https://www.econbiz.de/10001785601
industrial concentration and innovation. The industries having great capital intensity, small employment of labor, and with high … innovation. …
Persistent link: https://www.econbiz.de/10003921747
We investigate what kind of competitive pressure induces existing firms to engage in more intensive innovation …
Persistent link: https://www.econbiz.de/10009579337