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Includes bibliographical references.
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| Other Authors: | |
| Format: | Thesis |
| Language: | English |
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School of Economics
2014
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| _version_ | 1867614477889830912 |
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| access_status_str | Open Access |
| author | Wolf, Guy |
| author2 | Ross, Don |
| author_browse | Ross, Don Wolf, Guy |
| author_facet | Ross, Don Wolf, Guy |
| author_sort | Wolf, Guy |
| collection | Thesis |
| description | Includes bibliographical references. |
| format | Thesis |
| id | oai:open.uct.ac.za:11427/9870 |
| institution | University of Cape Town (South Africa) |
| language | eng |
| last_indexed | 2026-06-10T12:52:40.512Z |
| license_str | Not specified — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from UCTD — University of Cape Town Open Access Repository |
| publishDate | 2014 |
| publishDateRange | 2014 |
| publishDateSort | 2014 |
| publisher | School of Economics |
| publisherStr | School of Economics |
| record_format | dspace |
| source_str | UCTD — University of Cape Town Open Access Repository |
| spelling | oai:open.uct.ac.za:11427/9870 Product innovation as a static game of incomplete information in a non-Bayesian environment Wolf, Guy Ross, Don Economics Includes bibliographical references. 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. 2014-12-02T15:00:29Z 2014-12-02T15:00:29Z 2001 Master Thesis Masters MSocSc http://hdl.handle.net/11427/9870 eng application/pdf School of Economics Faculty of Commerce University of Cape Town |
| spellingShingle | Economics Wolf, Guy Product innovation as a static game of incomplete information in a non-Bayesian environment |
| thesis_degree_str | Master's |
| title | Product innovation as a static game of incomplete information in a non-Bayesian environment |
| title_full | Product innovation as a static game of incomplete information in a non-Bayesian environment |
| title_fullStr | Product innovation as a static game of incomplete information in a non-Bayesian environment |
| title_full_unstemmed | Product innovation as a static game of incomplete information in a non-Bayesian environment |
| title_short | Product innovation as a static game of incomplete information in a non-Bayesian environment |
| title_sort | product innovation as a static game of incomplete information in a non bayesian environment |
| topic | Economics |
| url | http://hdl.handle.net/11427/9870 |
| work_keys_str_mv | AT wolfguy productinnovationasastaticgameofincompleteinformationinanonbayesianenvironment |