Product innovation as a static game of incomplete information in a non-Bayesian environment

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dc.contributor.advisorRoss, Donen_ZA
dc.contributor.authorWolf, Guyen_ZA
dc.date.accessioned2014-12-02T15:00:29Z
dc.date.available2014-12-02T15:00:29Z
dc.date.issued2001en_ZA
dc.descriptionIncludes bibliographical references.en_ZA
dc.description.abstractThe apparent failure of incumbent firms to produce radical innovations is one that continues to provoke significant debate in the economic literature. This phenomenon, termed the "Incumbent's Curse" by Chandy and Tellis (2000, p.2) receives significant support. Rosenbloom and Christensen (1994, p.655) go as far as to say that this is one of the "stylised facts" in the innovation literature. The concept of incumbent failure to innovate receives support both in theoretic modelling (e.g. Ghemawat 1991, Reinganum, 1983) and in empirical case studies (e.g. Christensen 1993, Henderson and Clark 1990). Chandy and Tellis (2000) rightly point out however that such literature has focused on industries in which there is such incumbent inertia. There are well documented examples of leadership in a high profile industry changing with new product innovations, e.g. typewriters, computer disks.en_ZA
dc.identifier.apacitationWolf, G. (2001). <i>Product innovation as a static game of incomplete information in a non-Bayesian environment</i>. (Thesis). University of Cape Town ,Faculty of Commerce ,School of Economics. Retrieved from http://hdl.handle.net/11427/9870en_ZA
dc.identifier.chicagocitationWolf, Guy. <i>"Product innovation as a static game of incomplete information in a non-Bayesian environment."</i> Thesis., University of Cape Town ,Faculty of Commerce ,School of Economics, 2001. http://hdl.handle.net/11427/9870en_ZA
dc.identifier.citationWolf, G. 2001. Product innovation as a static game of incomplete information in a non-Bayesian environment. University of Cape Town.en_ZA
dc.identifier.ris TY - Thesis / Dissertation AU - Wolf, Guy AB - The apparent failure of incumbent firms to produce radical innovations is one that continues to provoke significant debate in the economic literature. This phenomenon, termed the "Incumbent's Curse" by Chandy and Tellis (2000, p.2) receives significant support. Rosenbloom and Christensen (1994, p.655) go as far as to say that this is one of the "stylised facts" in the innovation literature. The concept of incumbent failure to innovate receives support both in theoretic modelling (e.g. Ghemawat 1991, Reinganum, 1983) and in empirical case studies (e.g. Christensen 1993, Henderson and Clark 1990). Chandy and Tellis (2000) rightly point out however that such literature has focused on industries in which there is such incumbent inertia. There are well documented examples of leadership in a high profile industry changing with new product innovations, e.g. typewriters, computer disks. DA - 2001 DB - OpenUCT DP - University of Cape Town LK - https://open.uct.ac.za PB - University of Cape Town PY - 2001 T1 - Product innovation as a static game of incomplete information in a non-Bayesian environment TI - Product innovation as a static game of incomplete information in a non-Bayesian environment UR - http://hdl.handle.net/11427/9870 ER - en_ZA
dc.identifier.urihttp://hdl.handle.net/11427/9870
dc.identifier.vancouvercitationWolf G. Product innovation as a static game of incomplete information in a non-Bayesian environment. [Thesis]. University of Cape Town ,Faculty of Commerce ,School of Economics, 2001 [cited yyyy month dd]. Available from: http://hdl.handle.net/11427/9870en_ZA
dc.language.isoengen_ZA
dc.publisher.departmentSchool of Economicsen_ZA
dc.publisher.facultyFaculty of Commerceen_ZA
dc.publisher.institutionUniversity of Cape Town
dc.subject.otherEconomicsen_ZA
dc.titleProduct innovation as a static game of incomplete information in a non-Bayesian environmenten_ZA
dc.typeMaster Thesis
dc.type.qualificationlevelMasters
dc.type.qualificationnameMSocScen_ZA
uct.type.filetypeText
uct.type.filetypeImage
uct.type.publicationResearchen_ZA
uct.type.resourceThesisen_ZA
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