This paper provides a conceptual model that explains how organizational knowledge, capabilities, and products co-evolve over long time spans, and how this can result in competitive advantage through innovation and strategic linkage of products at a point in time and over time.

Securing sales to a large bayer can be pivotal to a supplier' s decision to produce. Conventional wisdom holds that being pivotal improves a bayer's bargaining position. This paper finds otherwise. In a model in which a supplier bargains bilaterally with multiple buyers, becoming pivotal through...

Our results seem to provide substantial evidence that joint operating agreement's (JOA) act as constrained rather than unconstrained monopolists in setting ad rates and circulation levels. The constraint of having to produce two dailies binds tightly enough to yield JOA CPM's that are much...

The "aftermarkets" literature focuses on two important questions: (1) Do durable goods manufacturers that control their aftermarkets have an incentive to charge afetrmarket prices that exceed costs? (2) How significant (in a welfare sense) is the resulting distortion? Unlike previous work, this...