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to develop the innovation and the decision to introduce the new product in the market are separated. In our multi … potential innovator strategically over-invests in process innovation in order to push the potential innovator to introduce the …
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innovation of its competitor in this way. Overall, total payoffs depend non-monotonously on the capacities on the established …
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homogeneous product. The firms invest in production capacities and simultaneously in R&D which determines their innovation rate … the cannibalization effect gives the smaller firm a higher innovation incentive. As a logical consequence we find that the …
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We study in a dynamic framework how product innovation activities of a firm are influenced by its production capacity …
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This paper addresses the role of product liability for the emergence and development of smart products such as autonomous vehicles (AVs). We analyze how the liability regime affects innovative activities, as well as the timing of market introduction and market penetration of such smart products....
Persistent link: https://www.econbiz.de/10012024639
to develop the innovation and the decision to introduce the new product in the market are separated. In our multi … potential innovator strategically over-invests in process innovation. In this equilibrium the competitor over-invests in order …
Persistent link: https://www.econbiz.de/10014058333