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Durable Goods, Innovation and Network Externalities

Cerquera Dussán, Daniel - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2007

We develop a model of R&D competition between an incumbent and a potential entrant with network externalities and durable goods. We show that the threat of entry eliminates the commitment problem that an incumbent may face in its R&D decision due to the goods? durability. Moreover, a potential...

Persistent link: https://www.econbiz.de/10005097721

R&D incentives, compatibility and network externalities

Cerquera Dussán, Daniel - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2006

This paper analyzes the impact of network externalities on R&D competition between an incumbent and a potential entrant. The analysis shows that the incumbent always invests more than the entrant in the development of higher quality network goods. However, the incumbent exhibits a too low level...

Persistent link: https://www.econbiz.de/10005097740

Young, open and international: the impact of search strategies on the internationalization of new ventures

Zimmermann, Jörg; Grimpe, Christoph; Sofka, Wolfgang - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2009

internationalization process. We contribute to this research stream by establishing theoretical links with the emerging open innovation … with regard to the effect of open innovation strategies on internationalization performance. Our results show that both the …

Persistent link: https://www.econbiz.de/10005098125

Dynamic R&D incentives with network externalities

Cerquera Dussán, Daniel - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2006

This paper studies the incentives to undertake uncertain R&D initiatives in a dynamic duopoly network industry. It is shown that network externalities positively affect the incentives to invest in R&D. In the model, competition resembles a preemption race and, therefore, market performance...

Persistent link: https://www.econbiz.de/10005098390

Internationalizing R&D Co-opetition: Dress for the Dance with the Devil

Schmiele, Anja; Sofka, Wolfgang - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2007

Competitors can be valuable sources and partners for innovation activities. Against the background of international …

Persistent link: https://www.econbiz.de/10005097905

Innovation Activities Abroad and the Effects of Liability of Foreignness: Where it Hurts

Sofka, Wolfgang - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2006

The innovation activities of foreign subsidiaries have been identified as an important source of competitive advantage … foreignness). We derive potential stumbling blocks in the innovation process theoretically and argue that these materialize as … innovation activities in Germany from various sectors. We find that foreign-controlled firms are not challenged by liability of …

Persistent link: https://www.econbiz.de/10005098242