Disruptive Innovation, Market Entry and Production Flexibility in Heterogeneous Oligopoly
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DOI: 10.1111/poms.12995
Abstract: We develop a model of oligopoly competition involving innovation effort, market entry and production flexibility under demand uncertainty. Several heterogeneous firms make efforts to develop new prototypes; if they succeed, they hold a shared option… read more here.
Keywords: market entry; entry production; production; production flexibility ... See more keywords