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Author: | Lee, J. Harrison, J. R. |
Title: | Innovation and industry bifurcation: the evolution of R&D strategy |
Journal: | Industrial and Corporate Change
2001 : MAR, VOL. 10:1, p. 115-149 |
Index terms: | INNOVATION R&D STRATEGY |
Freeterms: | INDUSTRY BIFURCATION |
Language: | eng |
Abstract: | R&D investment can bifurcate industries into groups following innovative and imitative strategies. To examine conditions for strategic bifurcation over time, the authors develop a model of industry evolution, including industry entry and exit processes, as well as a firm growth process. |
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