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We analyze a vertical structure with an upstream monopoly and two downstream retailers. Demand is uncertain but each retailer receives an informative private signal about the state of the demand. We construct an incentive compatible and ex ante balanced mechanism which induces the retailers to...
Persistent link: https://www.econbiz.de/10011595482
We study how buyer power affects producers' incentives to share information with retailers. Adopting the Bayesian persuasion framework, we show that full information disclosure is optimal only when buyer power is sufficiently low. Using the presence of retail price recommendations as the proxy...
Persistent link: https://www.econbiz.de/10012852743
This paper extends the existing literature on strategic R&D alliances by presenting a model of innovation networks with … intensity of cooperation and innovation. Within different knowledge regimes, we examine the structure of networks that emerge …
Persistent link: https://www.econbiz.de/10009784064
effective innovation performance. In this paper we develop a conceptual model of direct and moderated network effects on a firm …’s innovation. We test this model on a large sample of small and medium-sized firms from a posttransitional and developed economy …. We show that absorptive capacity moderates the relationship between networks and innovation outcomes, but with some …
Persistent link: https://www.econbiz.de/10010401779
In recent years, innovation processes involve more heterogenous actors inside and outside the firm. Little is known … however about the spatial impact of this organisational decomposition of innovation processes (ODIP): Does it lead to a … geographical dispersion of innovation activities as well? Furthermore, which parts of the innovation process are carried out …
Persistent link: https://www.econbiz.de/10011303846
We estimate the determinants of various types of product innovation. Knowledge spillovers from rivals have a positive … exert no such independent influence on drastic innovation activities. The results support the hypothesis that establishments …
Persistent link: https://www.econbiz.de/10014027138
Customer co-creation during the innovation process has recently been suggested to be a major source for firms …' competitive advantage. Hereby, customers actively engage in a firm's innovation process and take over innovation activities … relevance, novelty, and costs, and then their impact on various innovation outcomes is investigated. Next, the study examines …
Persistent link: https://www.econbiz.de/10013084618
Recent studies of knowledge production have increasingly recognized the role of codified knowledge in the operation of social organizations. Much of the knowledge resident in organizations exists as tacit knowledge, that is, as knowledge that goes unrecorded. Typically such knowledge is carried...
Persistent link: https://www.econbiz.de/10014217537
Cooperation can benefit and hurt firms at the same time. An important question then is: when is it better to cooperate. And how can an appropriate partner be selected? In this paper we present a model of inter-firm cooperation driven by cognitive distance, appropriability conditions and external...
Persistent link: https://www.econbiz.de/10013089915
This paper extends the existing literature on strategic R&D alliances by presenting a model of innovation networks with … intensity of cooperation and innovation. Within different knowledge regimes, we examine the structure of networks that emerge …
Persistent link: https://www.econbiz.de/10013063870