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In this paper I study how innovation investment in a software duopoly is affected by the fact that one of the firms is … find that a PS duopoly might generate more innovation than a mixed duopoly if the initial technological gap between firms … is small. However if this gap is large, a PS duopoly generates less innovation than a mixed duopoly. I then extend the …
Persistent link: https://www.econbiz.de/10008479200
We present a model of industry standard setting with two-sided asymmetric information about the existence of intellectual property. We provide an equilibrium analysis of (a) firms' incentives to communicate ideas for improvements of an industry standard, and (b) firms' decisions to disclose the...
Persistent link: https://www.econbiz.de/10009364718
We examine how standardization in the information and communication technologies affects the inventive activities of firms that do not contribute standards but potentially produce to the standards. In the context of the Internet Engineering Task Force, we find that as a technological area...
Persistent link: https://www.econbiz.de/10010936551
As online information availability for products and services is increasing and as buyers engage in more online search prior to purchase decisions, it is becoming more important for firms to know when to invest to reduce buyer uncertainty. This article argues that today's firms should view...
Persistent link: https://www.econbiz.de/10010905465
In this paper we study the implications of service level guarantees (SLGs) in a model of oligopoly competition where providers compete to deliver a service to congestion-sensitive consumers. The SLG is a contractual obligation on the part of the service provider: regardless of how many customers...
Persistent link: https://www.econbiz.de/10005184809
exchanged good are determined by fundamental (common) shocks. At the same time, design innovation in contemporaneous markets …
Persistent link: https://www.econbiz.de/10010905451
Online peer-to-peer communities and online social networks have become increasingly popular. In particular, the recent boost of online peer-to-peer communities leads to exponential growth in sharing of user-contributed content which have brought profound changes to business and economic...
Persistent link: https://www.econbiz.de/10005622705
industries is positively associated with the propensity to partner. The results highlight the role of innovation appropriation …
Persistent link: https://www.econbiz.de/10008479193
A key property of the World Wide Web is the possibility for firms to place virtually costless links to third-party content as a substitute or complement to their own content. This ability to hyperlink has enabled new types of players, such as search engines and content aggregators, to...
Persistent link: https://www.econbiz.de/10008672214
We study bilateral cross-licensing agreements among N( 2) firms that engage in competition after the licensing phase. It is shown that the most collusive cross-licensing royalty, i.e. the one that allows the industry to achieve the monopoly profit, is sustainable as the outcome of bilaterally...
Persistent link: https://www.econbiz.de/10010698673