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作者:Branstetter, Lee G.; Drev, Matej; Kwon, Namho
作者单位:Carnegie Mellon University; National Bureau of Economic Research; University System of Georgia; Georgia Institute of Technology
摘要:This paper documents the increasing importance of software for successful innovation in manufacturing sectors well beyond the traditional definition of electronics and information technology. Using panel data for 229 publicly listed firms from 18 countries across four manufacturing industries over the period 1981-2005, we find significant variation across firms in the software intensity of their innovative activity. Firms that exhibit a higher level of software intensity generate more patents ...
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作者:Parakhonyak, Alexei; Vikander, Nick
作者单位:University of Oxford; University of Copenhagen
摘要:This paper considers a monopolist's product-launch strategy in the presence of network effects, focusing on how to exploit these effects to the maximum possible extent. In our formal framework, the firm sets a price for its product and chooses a sales scheme, which effectively determines how consumers can learn from each other about the product's popularity. Our results on the profitability of different schemes provide insights on a variety of managerial issues that are of practical relevance ...
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作者:Wang, Pengfei; Jensen, Michael
作者单位:BI Norwegian Business School; University of Michigan System; University of Michigan
摘要:This study focuses on the market identities of firms and suggests that identity ambiguity is caused not only by bridging horizontal product categories but also by status inconsistency stemming from bridging vertical status categories. Focusing specifically on how firms reduce status inconsistency by restructuring their business portfolios, we argue that status inconsistency motivates firms to divest business units to present a more coherent vertical market identity. Emphasizing the interplay b...
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作者:Simchi-Levi, David
作者单位:Massachusetts Institute of Technology (MIT); Massachusetts Institute of Technology (MIT)
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作者:Jackson, Peter L.; Muckstadt, John A.; Li, Yuexing
作者单位:Cornell University
摘要:We consider a one-warehouse, N-retailer, multiperiod, stock allocation problem in which holding costs are identical at each location and no stock is received from outside suppliers for the duration of the planning horizon. No shipments are allowed between retailers. The only motive for holding inventory at the central warehouse for allocation in future periods is the so-called risk pooling motive. We apply robust optimization to this problem extending the inventory policy to allow for an adapt...
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作者:Kim, Hyunjin; Luca, Michael
作者单位:Harvard University
摘要:Dominant platform businesses often develop products in adjacent markets to complement their core business. One common approach used to gain traction in these adjacent markets has been to pursue a tying strategy. For example, Microsoft preinstalled Internet Explorer into Windows, and Apple set Apple Maps as the iOS default. Policy-makers have raised concerns that dominant platforms may be leveraging their market power to gain traction for lower quality products when they use a tying strategy. I...