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Economic Analysis, Public Policy and the Software Industry

Richardson, George B. - DRUID, Copenhagen Business School, Department of … - 1997

This paper focuses on three related matters. It analyses the process of competition in the software industry, this being important both in itself and for the light it throws on competition within all industries characterised by low or zero marginal costs and a high rate of technical development....

Persistent link: https://www.econbiz.de/10005273154

Competition, Innovation and Increasing Returns

Richardson, George B. - DRUID, Copenhagen Business School, Department of … - 1996

This paper concerns the operation of competition in the presence of a high rate of innovation and increasing returns … this investment yields only a normal return. Thus, competition, increasing returns and innovation may co-exist. …

Persistent link: https://www.econbiz.de/10005627370