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首页> 外文期刊>BioTechnology: An Indian Journal >Product and process innovations in a monopoly market with network externalities
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Product and process innovations in a monopoly market with network externalities

机译：具有网络外部性的垄断市场中的产品和流程创新

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摘要

This study analyzes the R&D investment problem when a monopoly performs both process innovation and product innovation in a market presents network externalities. It considers both consumer fulfilled expectation and myopic expectation and finds that: (i) product and process innovations are complementary and the network externalities can not change this complementary relationship in both types of expectation; (ii) the complementary degree is not influenced by the network externalities in the myopic expectation case, but it increases with the intensity of network externalities in the fulfilled expectation case; (iii) the complementary degree in the fulfilled expectation case is higher than that in the myopic expectation case; (iv) the optimal product (or process) innovation efforts when the market exhibits network externalities are higher than that when it does not exhibit network externalities in both expectation cases.
机译：本研究分析了垄断在市场中同时执行过程创新和产品创新的情况下的R＆D投资问题，这会带来网络外部性。它同时考虑了消费者实现的期望和近视期望，并且发现：（i）产品和流程创新是互补的，并且网络外部性无法在两种期望类型中改变这种互补关系; （ii）在近视期望的情况下，互补程度不受网络外部性的影响，但在满足期望的情况下，互补度随网络外部性的强度而增加; （iii）满足期望情况下的互补度高于近视期望情况下的互补度; （iv）在两种预期情况下，市场表现出网络外部性的最优产品（或过程）创新努力要高于市场表现出网络外部性的最优产品（或过程）创新努力。

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