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We study optimal experimentation by a monopolistic platform in a two-sided market framework. The platform provider faces uncertainty about the strength of the externality each side is exerting on the other. It maximizes the expected present value of its profit stream in a continuous-time...
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discusses some of the interpretative achievements stemming from e.g. the economics of innovation, industrial economics …
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monotonically increasing in either the reliability of the communication network or the productivity of innovation. …
Persistent link: https://www.econbiz.de/10010293468
between venture capital financing and product market competition: A young firm with a risky innovation project attempts to …
Persistent link: https://www.econbiz.de/10010305064
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facilities that include external sources of information into the innovation process. This trend towards an open innovation … in external R&D allow fast adaptations within the innovation process in case of changing market trends or radical … innovations. Furthermore, opening up the innovation process simplifies an integration of required know-how from another industry …
Persistent link: https://www.econbiz.de/10010308406
innovation activities. Geographical proximity used to be seen as a necessary condition to share tacit knowledge and to enhance … diminishes with time. The aim of this paper is to present territorial innovation models as examples of theories based on … assumptions of a crucial role of local environment and spatial distance in innovation processes and to present arguments against …
Persistent link: https://www.econbiz.de/10010309827
sources, too. The importance of these knowledge sources varies with the type of innovation. These results, which are broadly …
Persistent link: https://www.econbiz.de/10010263562
sources, too. The importance of these knowledge sources varies with the type of innovation. These results, which are broadly …
Persistent link: https://www.econbiz.de/10010265102