Showing 1 - 10 of 45
We analyze how network effects affect competition in the nascent cryptocurrency market. We do so by examining the changes over time in exchange rate data among cryptocurrencies. Specifically, we look at two aspects: (1) competition among different currencies, and (2) competition among exchanges...
Persistent link: https://www.econbiz.de/10010933643
We study competitive interaction between profit-maximizing firms that sell software and complementary goods or services … three business models: the proprietary model (where all software modules offered by the firm are proprietary), the open … situations: monopoly, commercial firm vs. non-profit open source project, and duopoly. We show that: (i) firms may become "more …
Persistent link: https://www.econbiz.de/10005015151
The open source model is a form of software development with source code that is typically made available to all … interested parties. At the core of this process is a decentralized production process: open source software development is done … by a network of unpaid software developers. Using data from Sourceforge.net, the largest repository of Open Source …
Persistent link: https://www.econbiz.de/10005622679
In this paper I study how innovation investment in a software duopoly is affected by the fact that one of the firms is … technological levels. An OS firm is a for profit organization whose basic software is OS and it is distributed for free. The OS firm …, however, is able to make profits from selling complementary software and, on the cost side, it receives development help from …
Persistent link: https://www.econbiz.de/10008479200
In this paper, we study entrepreneurial innovations in an industry characterized by network effects. We show that the presence of network externalities tends to make the entrepreneur prefer sale to entry. Moreover, we also show that the incentive to innovate for entry decreases when network...
Persistent link: https://www.econbiz.de/10005622745
We examine the geography of early stage entrepreneurial finance in the context of an internet marketplace for funding new musical artist-entrepreneurs. A large body of research documents that investors in early-stage projects are disproportionately co-located with the entrepreneur. Theory...
Persistent link: https://www.econbiz.de/10008673518
The literature of private provision of public goods suggests that incentive to contribute is inversely related to group size. This paper empirically tests this relationship using field data from Chinese Wikipedia, an online encyclopedia. We exploit an exogenous reduction in group size as a...
Persistent link: https://www.econbiz.de/10005585479
Understanding the process of software adoption is of paramount importance to software start-ups. We study a …
Persistent link: https://www.econbiz.de/10010905452
We discuss the case of a monopolist of a base good in the presence of a complementary good provided either by it or by another firm. We assess and calibrate the extent of the influence on the profits from the base good that is created by the existence of the complementary good, i.e., the extent...
Persistent link: https://www.econbiz.de/10005622702
We discuss the case of a monopolist of a base good in the presence of complementary goods provided either by it or by other firms. We assess and calibrate the extent of the influence on the profits from the base good that is created by the existence of complementary goods, i.e., the extent of...
Persistent link: https://www.econbiz.de/10005622726