R&D in the Presence of Network Externalities: Timing and Compatibility
Eirik Kristiansen
Working Papers from Norwegian School of Economics and Business Administration-
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.
Keywords: RESEARCH AND DEVELOPMENT; OLIGOPOLIES; ANTITRUST LEGISLATION (search for similar items in EconPapers)
JEL-codes: L13 L40 O31 (search for similar items in EconPapers)
Pages: 35 pages
Date: 1996
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Journal Article: R&D in the Presence of Network Externalities: Timing and Compatibility (1998) 
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Persistent link: https://EconPapers.repec.org/RePEc:fth:norgee:19/96
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