| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP9585 |
| DP9585 Acquisitions, Entry, and Innovation in Network Industries | |
| Lars Persson; Pehr-Johan Norbäck; Joacim Tåg | |
| 发表日期 | 2013-08-11 |
| 出版年 | 2013 |
| 语种 | 英语 |
| 摘要 | In industries with network effects, incumbents? installed bases create barriers to entry that discourage entrepreneurs from developing new innovations. Yet, entry is not the only commercialization route for entrepreneurs. We show that the option of selling to an incumbent increases innovation incentives for entrepreneurs when network effects are strong and incumbents compete to preemptively acquire innovations. We thus establish that network effects and installed bases do not necessarily restrict innovation incentives. We also show that network effects promote acquisitions over entry and that the entrepreneur has strong incentives to invest in the initial user base of the innovation. |
| 主题 | Industrial Organization |
| 关键词 | Acquisitions Entry Network effects Innovation R&d |
| URL | https://cepr.org/publications/dp9585 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/538421 |
| 推荐引用方式 GB/T 7714 | Lars Persson,Pehr-Johan Norbäck,Joacim Tåg. DP9585 Acquisitions, Entry, and Innovation in Network Industries. 2013. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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