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R&D in the Presence of Network Externalities : Timing and Compatibility

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  • Kristiansen, E-G
Abstract
Two rival firms must decide when to invest in R&D and whether the new products should be compatible. I show that network externalities may induce the firms to advance their introduction of new incompatible technologies.

Suggested Citation

  • Kristiansen, E-G, 1996. "R&D in the Presence of Network Externalities : Timing and Compatibility," Papers 19/96, Norwegian School of Economics and Business Administration-.
    • Handle: RePEc:fth:norgee:19/96
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    Keywords

    RESEARCH AND DEVELOPMENT; OLIGOPOLIES; ANTITRUST LEGISLATION;
    All these keywords.

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
    • L40 - Industrial Organization - - Antitrust Issues and Policies - - - General

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