Quality investment timing by the startup and the established firm
Quality investment timing by the startup and the established firm
复制标题
初创公司和老牌公司的优质投资时机
DOI:
10.1002/mde.2902
复制
发表时间:
2018-04
影响因子:
2.2
通讯作者:
Richard Y.K. Fung
中科院分区:
文献类型:
--
作者:
Bing Xia;Ju’e Guo;Richard Y.K. Fung
This study investigates quality investment timing decisions of the established firm and the startup by a duopoly model, where firms can position quality early (demand uncertainty is high) or late (uncertainty has been resolved), possibly at different costs. The startup positions quality to maximize its survival probability, whereas the established firm maximizes profits. Results indicate that the startup positions quality earlier than the established firm when the demand uncertainty is high and costs do not decline sharply over time. Additionally, policy analysis shows that subsidies work better than direct funds in encouraging quality innovation of the startup.
登录
查看更多内容
DOI:
--
发表时间:
2003
期刊:
--
影响因子:
--
作者:
Z. Acs;C. Armington
通讯作者:
Z. Acs;C. Armington
DOI:
10.1016/j.jet.2003.12.006
发表时间:
2004-08
期刊:
J. Econ. Theory
影响因子:
--
作者:
Kieron J. Meagher;Klaus G. Zauner
通讯作者:
Kieron J. Meagher;Klaus G. Zauner
影响因子:
10.5
作者:
R. Katila;S. Shane
通讯作者:
R. Katila;S. Shane
影响因子:
2.5
作者:
Cefis, E;Marsili, O
通讯作者:
Marsili, O
影响因子:
4.7
作者:
Changying Li;Jianhu Zhang
通讯作者:
Changying Li;Jianhu Zhang