@techreport{Filson2003Strategic,
abstract = {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 or improve quality in a young generation
and license their innovations in mature generations. If old generation leaders
ever market improvements in young generation goods, they do so early on. Leadership
in mature generations persists. Tests on the rigid disk drive industry (1977-97) provide
empirical support. The results have implications for antitrust policies and policies
governing employee non-compete agreements.},
author = {Darren Filson and Richard T. Gretz},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {L63; L41; K31; O38; O31; 330; industry dynamics; employee mobility; innovation market; covenant not to compete; spin-offs; Innovation; Innovationswettbewerb; Technologiewahl; Lizenzvergabe; Magnetischer Speicher; Theorie; Vereinigte Staaten},
language = {eng},
number = {03,08},
title = {Strategic Innovation and Technology Adoption in an Evolving Industry},
type = {Working paper series / Claremont McKenna College},
url = {http://hdl.handle.net/10419/23383},
year = {2003}
}
