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  • 1
    Electronic Resource
    Electronic Resource
    Myopic Selection (2002)
    Oxford, UK and Boston, USA : Blackwell Publishers Ltd
    Metroeconomica 53 (2002), S. 0 
    Details
    ISSN: 1467-999X
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
    Notes: The severity of selection mechanisms and the myopia of selection are explored through a duopoly model where one firm tries to move down a learning curve in which costs are initially higher than its rival's but ultimately much lower. A trade-off is found between catch-up time and asymptotic market share: the more severe are selection pressures, the less likely is it that the learning technology will survive; however, if it does survive, the learning technology will in the limit be more competitive the more severe are selection pressures. We explore the dynamics of the model under unit cost and strategic pricing and find that the optimal pricing rule depends on the parameters governing firm learning and market selection.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/1467-999X.00139
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    Paper (German National Licenses)
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  • 2
    Electronic Resource
    Electronic Resource
    Advertising and the Dynamics of Market Structure: The UK Car Industry, 1958–1983 (1990)
    Oxford, UK : Blackwell Publishing Ltd
    British journal of management 1 (1990), S. 0 
    Details
    ISSN: 1467-8551
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
    Notes: This paper looks at the effect of advertising on market share dynamics, developing a model that describes the mechanism by which advertising affects consumer choice and illustrating it with reference to the UK car market. Advertising shares are observed to be highly positively correlated with market shares, suggesting that advertising has both pro- and anti-competitive effects. Advertising facilitates entry in as far as entrants can acquire market share through advertising, but it inhibits entry when an escalation in total industry advertising makes this acquisition prohibitively costly.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/j.1467-8551.1990.tb00164.x
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    Paper (German National Licenses)
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  • 3
    Electronic Resource
    Electronic Resource
    Recent patterns of European merger activity (1990)
    Oxford, UK : Blackwell Publishing Ltd
    Business strategy review 1 (1990), S. 0 
    Details
    ISSN: 1467-8616
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
    Notes: In this paper, Paul Geroski and Anastassios Vlassopoulos review recent European merger activity in the light of 1992, and draw two major conclusions. First, cross-border European mergers have increased over the last five years, adding up to nearly 30 per cent of the total number of mergers by European Community firms in 1988. Second, although the big British acquisitions are still taking place in America, UK firms have changed their behaviour in 1989, acquiring more European Community firms than American ones.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/j.1467-8616.1990.tb00008.x
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    Paper (German National Licenses)
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  • 4
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    European Industrial Policy and Industrial Policy in Europe (1989)
    Oxford : Periodicals Archive Online (PAO)
    Oxford review of economic policy. 5:2 (1989:Summer) 20 
    Details
    ISSN: 0266-903X
    Topics: Economics
    Notes: EEC
    URL: http://gateway.proquest.com/openurl?url_ver=Z39.88-2004&res_dat=xri:pao:&rft_dat=xri:pao:article:f637-1989-005-02-000002
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    Paper (German National Licenses)
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  • 5
    Electronic Resource
    Electronic Resource
    An Applied Econometrician's View of Large Company Performance (1998)
    Springer
    Review of industrial organization 13 (1998), S. 271-294 
    Details
    ISSN: 1573-7160
    Source: Springer Online Journal Archives 1860-2000
    Topics: Economics
    Notes: Abstract This paper contains a brief survey of recent empirical work on the performance of large companies. It tries to pull together the literature in the form of six stylized facts, illustrating them with data drawn from a single sample. The paper concludes by highlighting the issues which are thrown up for future work. These are: accounting for persistent heterogeneities between firms, accounting for the apparently erratic performance of many firms and, finally, moving away from hypothesis testing driven empirical agendas.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1023/A:1007725026859
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    Paper (German National Licenses)
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  • 6
    Electronic Resource
    Electronic Resource
    Innovation, profitability and growth over the business cycle (1993)
    Springer
    Empirica 20 (1993), S. 35-50 
    Details
    ISSN: 1573-6911
    Keywords: Innovation ; profitability ; firm growth ; L10 ; O31
    Source: Springer Online Journal Archives 1860-2000
    Topics: Economics
    Notes: Abstract Recent debates about Industrial Policy are dominated by a concern to make firms “more innovative”. In order to make progress in assessing the magnitude of the effects of innovation on corporate performance, one needs to know how such effects occur. We have contrasted two views of the effect of innovation—“the product view” and “the process view”—and have provided some evidence to suggest that both effects are evident in the data. Although it is clear that individual innovations themselves have a positive effect on profitability and growth, it is equally clear that the process of innovation seems to transform firms in some way that gives rise to what look like generic differences between innovators and non-innovators. As a consequence, the process by which profitability and growth are generated differs noticeably between the two types of firms. Perhaps the clearest of these differences is that innovating firms seem to be much less sensitive to cyclical shocks than non-innovating firms are.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1007/BF01384139
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    Paper (German National Licenses)
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