Product Innovation in a Vertically Differentiated Model

Download Product Innovation in a Vertically Differentiated Model PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

DOWNLOAD NOW!


Book Synopsis Product Innovation in a Vertically Differentiated Model by : Luigi Filippini

Download or read book Product Innovation in a Vertically Differentiated Model written by Luigi Filippini and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: We study the licensing incentives of an independent input producer owning a patented product innovation which allows the downstream ጿirms to improve the quality of their ጿinal goods. We consider a general two-part tariff contract for both outside and incumbent innovators. We ጿind that technology diffusion critically depends on the nature of market competition (Cournot vs. Bertrand). Moreover, the vertical merger with either downstream ጿirm is always privately proijtable and it is welfare improving for large innovations: this implies that not all proijtable mergers should be rejected.

Process and Product Innovation in a Vertically Differentiated Industry

Download Process and Product Innovation in a Vertically Differentiated Industry PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 18 pages
Book Rating : 4.:/5 (129 download)

DOWNLOAD NOW!


Book Synopsis Process and Product Innovation in a Vertically Differentiated Industry by : Emanuele Bacchiega

Download or read book Process and Product Innovation in a Vertically Differentiated Industry written by Emanuele Bacchiega and published by . This book was released on 2013 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: We examine a vertically differentiated duopoly where firms invest in process and product innovation and then compete in prices under full market coverage. We show that (i) process and product innovation are complements (substitutes) for the low-quality (high-quality) firm; (ii) the firm which is initially more efficient invests more than the rival in process innovation; (iii) if the initial differential between marginal costs is sufficiently high, the demand for the less efficient firm is nil and the duopoly equilibrium does not exist. Finally, we investigate the feasibility of Ramp;D cooperation for process innovation.

Adoption of a Product Innovation in the Presence of Vertical Product Differentiation

Download Adoption of a Product Innovation in the Presence of Vertical Product Differentiation PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 42 pages
Book Rating : 4.:/5 (318 download)

DOWNLOAD NOW!


Book Synopsis Adoption of a Product Innovation in the Presence of Vertical Product Differentiation by : Shiou Shieh

Download or read book Adoption of a Product Innovation in the Presence of Vertical Product Differentiation written by Shiou Shieh and published by . This book was released on 1995 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Economics of Vertically Differentiated Markets

Download The Economics of Vertically Differentiated Markets PDF Online Free

Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 9781781958315
Total Pages : 240 pages
Book Rating : 4.9/5 (583 download)

DOWNLOAD NOW!


Book Synopsis The Economics of Vertically Differentiated Markets by : Luca Lambertini

Download or read book The Economics of Vertically Differentiated Markets written by Luca Lambertini and published by Edward Elgar Publishing. This book was released on 2006-01-01 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'This is a high-quality book on an important and central topic in the theory of industrial organisation. It is a cohesive and extremely well written volume which is destined to become a standard work on the subject.' - Mark Casson, University of Reading, UK This original new book offers a comprehensive and engaging perspective on the theory of vertical differentiation. It enables the reader to grasp the key concepts and effects that product quality has both on firms' behaviour and market structure, and the ways in which this relationship has evolved. With contributions from prominent figures in the field, the book investigates a number of important topics, such as the choice of the optimal product range, profit sharing, the existence of equilibrium in duopoly games, positional effects attached to status goods, international trade, collusion, advertising and the dynamics of capital accumulation for quality improvement and product innovation. Using both static and dynamic approaches, these aspects are assessed in relation to the manifold issues of regulation, competition policy and trade policy. Product differentiation and its influence on consumer behaviour and the performance of firms is a core topic in the existing literature in the fields of industrial organization, international trade and economic growth. This book will be an essential read for researchers, students and professional scholars working in these areas, especially those with an interest in antitrust regulation.

The Microeconomics of Product Innovation

Download The Microeconomics of Product Innovation PDF Online Free

Author :
Publisher : Oxford University Press
ISBN 13 : 0192548638
Total Pages : 242 pages
Book Rating : 4.1/5 (925 download)

DOWNLOAD NOW!


Book Synopsis The Microeconomics of Product Innovation by : Paul Stoneman

Download or read book The Microeconomics of Product Innovation written by Paul Stoneman and published by Oxford University Press. This book was released on 2018-02-22 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economics has not given sufficient attention to the microeconomic analysis of innovation and technological change. Counteracting this imbalance, The Microeconomics of Product Innovation considers how the use of economic analysis can guide and inform the search for insight in the generation and adoption of new products synonymously labelled product innovation. Written in an accessible tone and restricting its analysis to the use of microeconomics, this book encompasses the definition of product innovation. It explores means of measurement and revealed patterns of the extent of product innovation; the economic analysis of the forces driving the demand for, the supply of, and incentives to generate new products; empirical evidence upon the determinants of the extent of product innovation; the diffusion of product innovations; product innovation and firm performance; price measurement under product innovation; product innovation and welfare; and public policy and product innovation.

Product Innovation Under Vertical Differentiation and the Persistence of Monopoly

Download Product Innovation Under Vertical Differentiation and the Persistence of Monopoly PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (632 download)

DOWNLOAD NOW!


Book Synopsis Product Innovation Under Vertical Differentiation and the Persistence of Monopoly by :

Download or read book Product Innovation Under Vertical Differentiation and the Persistence of Monopoly written by and published by . This book was released on 1995 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The incentives to innovate for the incumbent and the entrant in a vertically differentiated market are analised, in the absence of uncertainty. It turns out that if consumers marginal willingness to pay for quality is sufficiently low, the efficiency effect observationally works so as to favour innovation by the entrant, i.e., competition. Otherwise, it operates to the advantage of the incumbent who acquire the right to innovate, preempting thus the rival.

Entry and Innovation in Vertically Differentiated Markets

Download Entry and Innovation in Vertically Differentiated Markets PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 58 pages
Book Rating : 4.:/5 ( download)

DOWNLOAD NOW!


Book Synopsis Entry and Innovation in Vertically Differentiated Markets by : Dirk Bergemann

Download or read book Entry and Innovation in Vertically Differentiated Markets written by Dirk Bergemann and published by . This book was released on 1999 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Microeconomics of Product Innovation

Download The Microeconomics of Product Innovation PDF Online Free

Author :
Publisher : Oxford University Press
ISBN 13 : 019254862X
Total Pages : 269 pages
Book Rating : 4.1/5 (925 download)

DOWNLOAD NOW!


Book Synopsis The Microeconomics of Product Innovation by : Paul Stoneman

Download or read book The Microeconomics of Product Innovation written by Paul Stoneman and published by Oxford University Press. This book was released on 2018-02-22 with total page 269 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economics has not given sufficient attention to the microeconomic analysis of innovation and technological change. Counteracting this imbalance, The Microeconomics of Product Innovation considers how the use of economic analysis can guide and inform the search for insight in the generation and adoption of new products synonymously labelled product innovation. Written in an accessible tone and restricting its analysis to the use of microeconomics, this book encompasses the definition of product innovation. It explores means of measurement and revealed patterns of the extent of product innovation; the economic analysis of the forces driving the demand for, the supply of, and incentives to generate new products; empirical evidence upon the determinants of the extent of product innovation; the diffusion of product innovations; product innovation and firm performance; price measurement under product innovation; product innovation and welfare; and public policy and product innovation.

Better Late Than Early

Download Better Late Than Early PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 42 pages
Book Rating : 4.:/5 (318 download)

DOWNLOAD NOW!


Book Synopsis Better Late Than Early by : Prajit K. Dutta

Download or read book Better Late Than Early written by Prajit K. Dutta and published by . This book was released on 1993 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: After the initial breakthrough in the research phase of R&D a new product undergoes a process of change, improvement and adaptation to market conditions. We model the strategic behavior of firms in this development phase of R&D. We emphasize that a key dimension to this competition is the innovations that lead to product differentiation and quality improvement. In a duopoly model with a single adoption choice, we derive endogeneously the level and diversity of product innovations. We demonstrate the existence of equilibria in which one firm enters early with a low quality product while the other continues to develop the technology and eventually markets a high quality good. In such an equilibrium, no monopoly rent is dissipated and the later innovator makes more profits. Incumbent firms may well be the early innovators, contrary to the predictions of the hypothesis.

Process and Product Innovation in a Vertically Differentiated Industry

Download Process and Product Innovation in a Vertically Differentiated Industry PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 20 pages
Book Rating : 4.:/5 (255 download)

DOWNLOAD NOW!


Book Synopsis Process and Product Innovation in a Vertically Differentiated Industry by : Emanuele Bacchiega

Download or read book Process and Product Innovation in a Vertically Differentiated Industry written by Emanuele Bacchiega and published by . This book was released on 2007 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Developing New Products and Services

Download Developing New Products and Services PDF Online Free

Author :
Publisher : Business Expert Press
ISBN 13 : 160649242X
Total Pages : 241 pages
Book Rating : 4.6/5 (64 download)

DOWNLOAD NOW!


Book Synopsis Developing New Products and Services by : Lawrence Sanders

Download or read book Developing New Products and Services written by Lawrence Sanders and published by Business Expert Press. This book was released on 2011-10-14 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book will focus on the up-front activities required for product and service differentiation, the learning methodologies that contribute to arriving at that differentiation, and the role that technology plays in implementing the process. The book will show how technology factors into such entrepreneurial activities as engaging in business planning and utilizing creativity and innovation, and how creative innovation, in turn, is achieved and enhanced through an understanding of two different modes of learning: "learning about" and "learning by doing". A successful product introduction depends on an efficient supply chain, a strong brand, and the ability of a manufacturer or provider to differentiate it successfully in the marketplace. New Product and Services Development demonstrates how differentiation, this last critical component, can be secured by the strategic use of technology and by engaging in two key learning methodologies.

Process and Product Innovation in a Vertically Differentiated Monopoly

Download Process and Product Innovation in a Vertically Differentiated Monopoly PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 7 pages
Book Rating : 4.:/5 (247 download)

DOWNLOAD NOW!


Book Synopsis Process and Product Innovation in a Vertically Differentiated Monopoly by : Luca Lambertini

Download or read book Process and Product Innovation in a Vertically Differentiated Monopoly written by Luca Lambertini and published by . This book was released on 2000 with total page 7 pages. Available in PDF, EPUB and Kindle. Book excerpt:

A Closed Economy Model of Horizontal and Vertical Product Differentiation

Download A Closed Economy Model of Horizontal and Vertical Product Differentiation PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 25 pages
Book Rating : 4.:/5 (257 download)

DOWNLOAD NOW!


Book Synopsis A Closed Economy Model of Horizontal and Vertical Product Differentiation by : Rohini Acharya

Download or read book A Closed Economy Model of Horizontal and Vertical Product Differentiation written by Rohini Acharya and published by . This book was released on 1994 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Product Innovation, Product Diversification, and Firm Growth

Download Product Innovation, Product Diversification, and Firm Growth PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (114 download)

DOWNLOAD NOW!


Book Synopsis Product Innovation, Product Diversification, and Firm Growth by : Sergej V. Braginskij

Download or read book Product Innovation, Product Diversification, and Firm Growth written by Sergej V. Braginskij and published by . This book was released on 2020 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: We explore how firms grow by adding products. In contrast to most earlier work on the topic, our conceptual and empirical framework allows for separate treatment of product innovation (vertical differentiation) and diversification (horizontal differentiation). The market context is Japan's cotton spinning industry at the turn of the last century. We find that introducing innovative products outside of the previously feasible set involves removing the "supply-side constraint" by investing in new types of machines and technologies. This process involves a high degree of uncertainty, however, so firms that take steps in this direction tend to first introduce innovative products on experimental basis. We show that conducting such experiments is a key to firm growth. It not only provides opportunities to capture the market in high-end vertically differentiated products when successful, but also facilitates horizontal differentiation of the firm's products within its previous technical capabilities. In long-term outcomes over 20 years, the right tail of the firm size distribution becomes dominated by firms that were able to expand in both directions: moving first into technologically challenging vertically differentiated products, and then later applying their newly acquired high-end technical competence to horizontal expansion of their product portfolios.

Multi-Stage Innovations

Download Multi-Stage Innovations PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

DOWNLOAD NOW!


Book Synopsis Multi-Stage Innovations by : Herbert Dawid

Download or read book Multi-Stage Innovations written by Herbert Dawid and published by . This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: We consider a quantity-setting duopoly model with both firms having the possibility to produce a homogeneous product. Firm 1 has the option to carry out a product innovation project in two stages and in between the two stages Firm 2 can invest in cost-reducing process innovation. Hence, Firm 1's incentive to complete the innovation of the horizontally and vertically differentiated new product is influenced by Firm 2's process innovation activities. Our results are as follows. First, we find that under weak vertical differentiation Firm 2 wants Firm 1 to innovate. Horizontal differentiation softens competition and Firm 2 over-invests in process innovation to induce Firm 1 to launch the new product. Second, under strong vertical differentiation Firm 1 starts the product innovation project - triggering under-investment by Firm 2 - but never finishes it. The under-investment leads to higher production costs for Firm 2, which induces Firm 1 not to innovate. Third, under very strong vertical differentiation Firm 2 prevents a launch of the new product by overinvesting in process innovation. Due to the strong decrease in production costs Firm 2 captures such a big market share that Firm 1 will not introduce the new product. However, since its situation in the old market also has become worse, Firm 1's value of the option to innovate is negative.

Essays on Economics of Vertical Product Differentiation

Download Essays on Economics of Vertical Product Differentiation PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 256 pages
Book Rating : 4.3/5 (91 download)

DOWNLOAD NOW!


Book Synopsis Essays on Economics of Vertical Product Differentiation by : Taehoon Youn

Download or read book Essays on Economics of Vertical Product Differentiation written by Taehoon Youn and published by . This book was released on 1999 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Trade, Globalization and Development

Download Trade, Globalization and Development PDF Online Free

Author :
Publisher : Springer Science & Business Media
ISBN 13 : 8132211510
Total Pages : 220 pages
Book Rating : 4.1/5 (322 download)

DOWNLOAD NOW!


Book Synopsis Trade, Globalization and Development by : Rajat Acharyya

Download or read book Trade, Globalization and Development written by Rajat Acharyya and published by Springer Science & Business Media. This book was released on 2013-06-18 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book was written in honour of Professor Kalyan K. Sanyal, who was an excellent educator and renowned scholar in the field of international economics. One of his research papers co-authored with Ronald Jones, entitled “The Theory of Trade in Middle Products” and published in American Economic Review in 1982, was a seminal work in the field of international trade theory. This paper would go on to inspire many subsequent significant works by researchers across the globe on trade in intermediate goods. The larger impact of any paper, beyond the number of citations, lies in terms of the passion it sparks among younger researchers to pursue new questions. Measured by this yardstick, Sanyal’s contribution in trade theory will undoubtedly be regarded as historic. After completing his Ph.D. at the University of Rochester he joined the Department of Economics at Calcutta University in the early 1980s and taught trade theory there for almost three decades. His insights, articulation and brilliance in teaching international economics have influenced and shaped the intellectual development of many of his students. After his sudden passing in February 2012, his students and colleagues organized a symposium in his honour at the Department of Economics, Jadavpur University from April 19 to 20, 2012. This book, a small tribute to his intellect and contribution, has been a follow-up on that endeavour, and a collective effort of many people including his teachers, friends, colleagues and students. In a nutshell it discusses intermediation of various kinds with significant implications for market integration through trade and finance. That trade can generate many non-trade-service sector links has recently emerged as a topic of growing concern and can trace its lineage back to the idea of the middle product, a recurring concept in Prof. Sanyal’s work.