Competitive Strategy Chapter 4 New Market Entry
Attractivenss of new market entry => Choice of market => Choice of entry type => Entry strategy Structural Entry Barriers Factors that allow incumbent firms to earn positive economic profits,…
Competitive Strategy Chapter 6 Designing products wisely
Bertrand paradox. a model prediction in which two firms in the same market reach a Nash equilibrium where both firms charge a price equal to marginal cost. If either firm…
Competitive Strategy Chapter 5 Research & Development
* Basic Research * Applied Research * Product Development Types of innovation. * Product innovation * Process innovation – Monopolist – Monopolist with threat of entry – Incentives to innovate…
Competitive Strategy Chapter 3 Economic Integration; Organizational Integration
economic: cross share holing organizational: information sharing.