Intensity of competition and the choice between product and process innovation

Article Abstract:

The regime of competition is found to significantly affect the decision of a firm whether to undertake product innovation or process innovation. In the case of a high quality firm, the Bertrand competitor is expected to prefer product innovation while the Cournot competitor is expected to adopt process innovation if a difference exists between their choice. However, the reverse is true in the case of a low quality firm.

Product Development, Industrial research

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When is inter-firm coordination beneficial? The case of innovation

Article Abstract:

Research is presented describing the study of innovation and the sharing of technical knowledge between competitors to enhance market power.

Industrial organization

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