کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5078687 1477365 2007 18 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Regulatory delay and the timing of product innovation
کلمات کلیدی
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
Regulatory delay and the timing of product innovation
چکیده انگلیسی
This paper examines how regulatory delay affects innovation by a regulated firm. When product introduction costs fall over time, an extra day of regulatory delay increases time to introduction by more than a day. When the uncertainty of regulatory delay increases, a risk neutral firm responds by moving up the product introduction. The model places testable restrictions on the empirical relationship between introduction delay and regulatory delay, and is consistent with data gathered from a large U.S. telecommunications provider.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: International Journal of Industrial Organization - Volume 25, Issue 2, April 2007, Pages 219-236
نویسندگان
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