Autonomous systems have been a key segment of disruptive technologies for which data are constantly collected, processed, and shared to enable their operations. The internet of things facilitates the storage and transmission of data and data sharing is vital to power their development. However,...

This paper explores a firm's incentive to technologically tie when Ramp;D is important and finds that technological tying increases innovation, which is an efficiency not considered in other tying models. Intuitively, technological tying protects the seller from aftermarket entry, ensuring that...

This paper aims to solve the problem of information asymmetry in the supply chain through block-chain technology. We consider a drop shopping supply chain, which includes one supplier and one retailer who has more accurate demand forecast. The demand forecast of the retailer is mainly based on...

To evaluate the impact of regulation on the innovativeness of firms, this study considers the unusual case of electric utilities in the state of Texas. In the current era of deregulation, the electric utility industry in Texas is unique because its regulation was relatively limited until 1975,...

This paper examines the location of innovations within green technology, using U.S. patent citation data to trace their inter-generational knowledge flows over time. Clustering is clearly evident, and we use multivariate left-censored Tobit regression analysis to control for identifiable...

We formalize the phenomenon of disruptive technologies that initially serve isolated market niches and, as they mature, expand to displace established technologies from mainstream segments. Using a model of horizontal and vertical differentiation with discrete customer segmentation, we show how...

Disruptive technologies and business models profoundly affect existing markets. The most visible recent examples are Internet-based "sharing services" that are disrupting conventional taxi and hotel markets, but there are many others in diverse areas such as finance, retail electricity and...

This paper examines the evolving structure and competition dynamics of the rapidly growing market for foundation models, with a focus on large language models (LLMs). We describe the technological characteristics that shape the AI industry and have given rise to fierce competition among the...

This article investigates the role of industry driven coordination mechanisms such as consortia and patent pools in the interplay between formal technological standards and patents. Building upon 64.619 declarations of essential patents to major international Standard Development Organizations...