Internet of Things (IoT) technologies are of particular interest for telecommunication companies that can significantly affect the interaction of economic agents. As a result of the growth in the number of connected devices, the introduction of cloud services and business applications it became...

In November 2000, Vodaphone (then J-Phone) introduced the world's first camera phone made by Sharp. It was an instant hit with Japanese youth. At the time, Vodaphone was Japan's number three service provider trailing the market leader DoCoMo, run by NTT, and the second place service provider au,...

In this study, we investigate whether U.S. high-technology firms are more or less conditionally conservative relative to low-technology firms. If U.S. high-tech firms are required to expense immediately all R&D costs according to the accounting standard SFAS 2, which reflects unconditional...

In today's technology-driven world, industry standardization, component interoperability, and product-compatibility have become critical to promoting innovation and competition. Standards are typically created by voluntary organizations (generally referred to as standard-setting organizations...

Nowadays the efforts of not only companies, but also governments in different countries are aimed at the development of 5G technologies. On the one hand, the introduction of 5G is an expensive process that requires investments in the development, deployment and maintenance of infrastructure, the...

We introduce a racing model with multiple product generations, product innovation, spin-outs, and licensing. Industry conditions and innovation characteristics affect who wins the race and who markets the resulting product. Small firms market their innovations when they pioneer a new generation...

The last decades have witnessed a breaking down of the hitherto quasimonopoly in industrial and technological development by highly industrialized countries. Man-made changes in comparative advantage due to rapid accumulation of human capital, development of technical institutions, and public...