Author: Luis M. B. Cabral Publisher: ISBN: Category : Languages : en Pages : 26
Book Description
We provide a simple framework to analyze the effect of rm dominance on incentives for Ramp;D. An increase in firm dominance, whichwe measure by a premium in consumer valuation, increases the dominant firm's incentives and decreases the rival firm's incentives for Ramp;D. These changes inuence the probability of innovation through two effects: changes in total Ramp;D effort and changes in how this total is distributed between the two firms.For a given level of total research effort, the shift from the rival firm to the dominant rm is a good thing as it decreases the likelihood of duplicate innovation (we call this the duplication effect). However, theshift in research effort is not one-to-one. The dominant firm's benefit from increased dominance is more inframarginal than marginal when compared to the rival firm's disincentive. As a result, total researcheffort decreases when rm dominance increases (we call this the total effort effect).We show the total effort effect dominates the duplication effect when intellectual property protection is weak, and the opposite when property rights are strong. That is, rm dominance is good for innovation when(but only when) property rights are strong. We also examine consumer and social surplus.
Author: Jeffrey A. Eisenach Publisher: Springer Science & Business Media ISBN: 9401144079 Category : Business & Economics Languages : en Pages : 303
Book Description
Do the antitrust laws have a place in the digital economy or are they obsolete? That is the question raised by the government's legal action against Microsoft, and it is the question this volume is designed to answer. America's antitrust laws were born out of the Industrial Revolution. Opponents of the antitrust laws argue that whatever merit the antitrust laws may have had in the past they have no place in a digital economy. Rapid innovation makes the accumulation of market power practically impossible. Markets change too quickly for antitrust actions to keep up. And antitrust remedies are inevitably regulatory and hence threaten to `regulate business'. A different view - and, generally, the view presented in this volume - is that antitrust law can and does have an important and constructive role to play in the digital economy. The software business is new, it is complex, and it is rapidly moving. Analysis of market definition, contestibility and potential competition, the role of innovation, network externalities, cost structures and marketing channels present challenges for academics, policymakers and judges alike. Evaluating consumer harm is problematic. Distinguishing between illegal conduct and brutal - but legitimate - competition is often difficult. Is antitrust analysis up to the challenge? This volume suggests that antitrust analysis `still works'. In stark contrast to the political rhetoric that has surrounded much of the debate over the Microsoft case, the articles presented here suggest neither that Microsoft is inherently bad, nor that it deserves a de facto exemption from the antitrust laws. Instead, they offer insights - for policymakers, courts, practitioners, professors and students of antitrust policy everywhere - on how antitrust analysis can be applied to the business of making and marketing computer software.
Author: Federico Etro Publisher: Springer Science & Business Media ISBN: 3540496017 Category : Science Languages : en Pages : 296
Book Description
This book reviews recent progress in the theory of oligopoly and market leadership and provides new results on the theory of Stackelberg competition and Nash competition with strategic investment under endogenous entry. These theories are applied to models of competition in quantities, prices and to patent races. The results are used to propose a new approach to competition policy and issues of the abuse of dominance.
Author: Michael A. Carrier Publisher: Oxford University Press, USA ISBN: 0199794286 Category : Law Languages : en Pages : 421
Book Description
'Innovation For The 21st Century' contends that intellectual property and antitrust, the two most important laws fostering innovation, are not being used most effectively to achieve this goal and offers various proposals that individually and collectively remedy this deficiency.
Author: William H. Page Publisher: University of Chicago Press ISBN: 0226644650 Category : Law Languages : en Pages : 363
Book Description
In 1998, the United States Department of Justice and state antitrust agencies charged that Microsoft was monopolizing the market for personal computer operating systems. More than ten years later, the case is still the defining antitrust litigation of our era. William H. Page and John E. Lopatka’s The Microsoft Case contributes to the debate over the future of antitrust policy by examining the implications of the litigation from the perspective of consumer welfare. The authors trace the development of the case from its conceptual origins through the trial and the key decisions on both liability and remedies. They argue that, at critical points, the legal system failed consumers by overrating government’s ability to influence outcomes in a dynamic market. This ambitious book is essential reading for business, law, and economics scholars as well as anyone else interested in the ways that technology, economics, and antitrust law have interacted in the digital age. “This book will become the gold standard for analysis of the monopolization cases against Microsoft. . . . No serious student of law or economic policy should go without reading it.”—Thomas C. Arthur, Emory University
Author: Peter Lee Publisher: ISBN: 9781983089978 Category : Languages : en Pages : 154
Book Description
The Ability Hacks is the story of two Microsoft hackathon teams, one in the summer of 2014 and one the following summer of 2015. The first would pioneer new software to revolutionize the mobility of tens of thousands of people who live with severe paralysis caused by ALS, Parkinson's, cerebral palsy and traumatic neurological injuries. The second team would pioneer software to help kids with dyslexia read and love learning for the first time in their lives. This is the story of two small groups of driven, focused and passionate software engineers, program managers, marketers and advocates. It's the story of realizing the transformative power of technology for people with disabilities, not just for traditional consumer and industrial markets. It's the story of doing something truly great -- improving outcomes for everyone, discovering a design ethos and blazing a new trail for accessibility. Read more:More than one billion people around the world live with a disability of some kind, and it's estimated two-thirds of us know someone with a disability. Almost everyone will be temporarily or permanently impaired at some point in life, and those who survive to old age will experience increasing difficulties in functioning, according to the World Health Organization. This book explores an optimistic belief that computer software and hardware can empower people with disabilities in a multitude of scenarios. As one engineer interviewed for The Ability Hacks said, "It's not about the technology. It's about the people."
Author: David Bank Publisher: Simon and Schuster ISBN: 0743203151 Category : Computer software industry Languages : en Pages : 314
Book Description
"Breaking Windows" is a gripping account of Bill Gates's plan to establish a monopoly and create a new kind of business organism. Bank shows how the company's executives faced a tough legal challenge, and how they are dealing with the limits of Microsoft's growth.
Author: Luis M. B. Cabral
Author: Luís M. B. Cabral
Author: Jeffrey A. Eisenach
Author: 
Author: Federico Etro
Author: Michael A. Carrier
Author: William H. Page
Author: Peter Lee
Author: United States. Congress. Senate. Committee on the Judiciary
Author: David Bank