Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/39258 
Autor:innen: 
Erscheinungsjahr: 
2001
Schriftenreihe/Nr.: 
IWP Discussion Paper No. 2001/7
Verlag: 
Universität zu Köln, Institut für Wirtschaftspolitik (iwp), Köln
Zusammenfassung: 
For a market of horizontal product differentiation, the paper examines the effects of the level of competition on the firm's decision between a product and process innovation. When firms have to choose between the two types of innovation, it is demonstrated that both firms undertake the product innovation when the competition is intense. For intermediate levels of competition, the firms choose different investment projects, and for less intense competition, the firms pursue cost-reducing innovations. When firms may undertake both innovations, they decide to undertake a mixture of the innovations depending on the innovation cost structure. Again, the firms are willing to incur higher costs into product innovations, when the competition is initially intense.
Schlagwörter: 
Product innovation
Process innovation
Horizontal product differentiation
JEL: 
L13
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
89.63 kB





Publikationen in EconStor sind urheberrechtlich geschützt.