search query: @indexterm Information technology / total: 1908
reference: 227 / 1908
| Author: | Nahm, J. |
| Title: | Open architecture and R&D incentives |
| Journal: | Journal of Industrial Economics
2004 : DEC, VOL. 52:4, p. 547-568 |
| Index terms: | Industrial economics Information technology R&D |
| Language: | eng |
| Abstract: | This article studies whether an incumbent, by adopting an open system, can establish its socially inefficient technology as the market standard, while an entrant is developing a more efficient system. It is shown that an incumbent has an incentive to preempt an entrantÂ’s competing technology by choosing an open system. |
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