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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

Specialized search and innovation performance: evidence across Europe

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

known about how the direction of search strategies influences innovation performance. In this paper, we argue that firms … that being open for innovation generally pays off. However, both moderating factors have a crucial role to play: On the one … novel knowledge and to enhance innovation performance. We develop targeted management recommendations based on these results. …

Persistent link: https://www.econbiz.de/10005097574

Managing Search Strategies for Open Innovation: The Role of Environmental Munificence as well as Internal and External R&D

Sofka, Wolfgang; Grimpe, Christoph - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2008

Firms compete increasingly in an open innovation environment. Search strategies for external knowledge become therefore … are built through internal or external R&D activities) and the munificence of its innovation environment. We test these … its breadth. Moreover, we find that scarce innovation environments favor deep search strategies while breadth is more …

Persistent link: https://www.econbiz.de/10005097616

Search Patterns and Absorptive Capacity: A Comparison of Low- and High-Technology Firms from Thirteen European Countries

Grimpe, Christoph; Sofka, Wolfgang - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2007

Searching for externally available knowledge has been characterised as a vital part of the innovation process. Previous … and that these moderate the relationship between innovation inputs and outputs. Based on a sample of 4,500 firms from 13 …

Persistent link: https://www.econbiz.de/10005097731