Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Research and Development- Business Strategies towards the Creation, Absorption and Dissemination of New Technologies

Research and Development- Business Strategies towards the Creation, Absorption and Dissemination of New Technologies

Wiethaus, Lars

Paperback

Business GeneralManagement

ISBN10: 3836411512
ISBN13: 9783836411516
Publisher: Vdm Verlag
Published: Apr 20 2007
Pages: 132
Weight: 0.49
Height: 0.28 Width: 6.69 Depth: 9.61
Language: English
In high-tech industries Research and Development (R&D) is the most important origin of competitive advantage. The underlying investment decisions are notably complex. First high-tech industries are highly concentrated such that mutual observation and reactions among competitors need to be taken into account. Secondly the knowledge created through R&D may not only benefit its originator but may spill over to competitors. This book offers novel analyses of four questions. Should competitors follow similar research paths as to maximise knowledge flows or, to the contrary, minimize spillovers through specific paths? What is the optimal mix of R&D aimed to create original innovation and R&D targeted to absorb others' innovations? Under what circumstances can incumbents use their ability to absorb external R&D as to threaten innovative entrants? Should competing firms share knowledge with a common supplier who may diffuse it? Basic game theory is applied and the book addresses researchers, advanced students, policy-makers and R&D strategists.

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