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The aim of this study is to investigate how network effects affect the quality and price decisions of firms in a vertically differentiated market. As network effects increase, high-quality producers tend to raise quality while low-quality producers lower it. The degree of product differentiation...
Persistent link: https://www.econbiz.de/10008555981
The Multinomial Logit model is employed in this study to examine the relationship of the choices of technology strategies adopted by the manufacturing firms in Taiwan. The technology strategies are divided into four categories: "both R&D and purchased technology", "only R&D", "only purchased...
Persistent link: https://www.econbiz.de/10008555958