Showing 1 - 9 of 9
We analyze the characteristics of new businesses in the German ICT industry, distinguishing them based on their choice between two IPR regimes: open source software (OSS) or closed source software (CSS). The share of new firms with an OSS-based business model has increased considerably over the...
Persistent link: https://www.econbiz.de/10008511326
For a decade, economists have been fascinated by the phenomenon of open source software (OSS). OSS is marked by free access to the software and its source code. It is developed in a public, collaborative manner by thousands of non-paid volunteers as well as profit seeking firms. Today, OSS is...
Persistent link: https://www.econbiz.de/10008828345
In the ICT sector, product-software is an important factor for the quality of the products (e.g. cell phones). In this context, open source software enables firms to avoid quality competition as they can cooperate on quality without an explicit contract. The economics of open source (OS) versus...
Persistent link: https://www.econbiz.de/10008493739
The economic characteristics of software and transaction costs explain, why closed source and open source software co-exist. It is about the efficient use of a non- and anti-scarce resource. But because of ex-post transaction costs that lead to information asymmetries, some property rights...
Persistent link: https://www.econbiz.de/10005090498
Software is a good with very special economic characteristics. Taking a general definition of software as its starting-point, this article   systematically elaborates the central qualities of the commodity which have implications for its production and cost structure, the demand, the...
Persistent link: https://www.econbiz.de/10005051050
from competition theory because it neglects the innovation issue. It shows that its subsequent adoption to macroeconomics …
Persistent link: https://www.econbiz.de/10005786076
We experimentally investigate competition in innovation in a patent race scenario. Pairs of subjects compete as seller … firms on a duopoly market, engaging in risky search investments. Successful innovation is rewarded through temporary …
Persistent link: https://www.econbiz.de/10005090501
factors of success in drug development programs at different stages of innovation process. We use economies of scale, scope, R … a project differs in relation to the discovery and development stages of innovation, respectively. Our main finding is … discovery stage of innovation, while in the later development stage, the effects of competition outweigh any benefits from …
Persistent link: https://www.econbiz.de/10008511329
This paper empirically investigates the determinants of R&D diversification strategies in the drug industry. It enriches the existing literature by proposing to look at diversification factors, which reflect market and technological proximity of an R&D project towards other projects within a...
Persistent link: https://www.econbiz.de/10008481990