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Waves of Creative Destruction: Customer Bases and the Dynamics of Innovation

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NBER1994-06-01 更新2025-01-04 收录
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https://www.nber.org/papers/w4782
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This paper develops a model of repeated innovation with knowledge spillovers. The model's novel feature is that firms compete on two dimensions: 1) product quality or cost, where one firm's innovation ultimately spills over to other firms; and 2) distribution costs, where there are no spillovers
提供机构:
美国国家经济研究局
创建时间:
1994-06-01
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