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their inward looking or exploitation attitude in R&D and innovation. We argue that because of sunk costs and learning …. Among other things, this suggests that exploration, which leads to the opening of new innovation trajectories, requires not …
Persistent link: https://www.econbiz.de/10010328525
firm competitive advantages. This work shows that innovation and product differentiation, along with investments in co …
Persistent link: https://www.econbiz.de/10010328359
This study analyzes incumbent entry timing decisions in new markets in the case of Encryption Software (ES). In ES first technological movers were slow to enter the downstream market, losing their initial advantages to the benefit of newcomers. This work tests the hypothesis that this...
Persistent link: https://www.econbiz.de/10010328539