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Working Paper
To Hunt or to Scavenge: Optimal Investment Strategies in the Presence of Indirect Network Effects
Working Paper
Author(s)
What determines optimal R&D investment in a market with indirect network effects? We analyze this question in a hardware-software framework, where software firms strategically invest in quality upgrades. We find that a firm
Date Published:
2007
Citations:
Markovich, Sarit, Johannes Moenius. 2007. To Hunt or to Scavenge: Optimal Investment Strategies in the Presence of Indirect Network Effects. Working Paper.
