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Market Segmentation and the Sources of Rents From Innovation: Personal Computers in the Late 1980s

Timothy Bresnahan (), S. Stern and Manuel Trajtenberg

Working Papers from Tel Aviv

Abstract: This paper evaluates the sources of transitory market power in the market for personal computer (PCs) during the late 1980s. Our analysis is motivated by the coexistence of low barriers to entry into the PC industry and high rates of innovative investment by a small number of PC manufacturers.

Keywords: COMPETITION; COMPUTER MARKET (search for similar items in EconPapers)
JEL-codes: L63 L86 (search for similar items in EconPapers)
Pages: 52 pages
Date: 1996
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Citations: View citations in EconPapers (3)

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