NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

NBER Publications by Matt Marx

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Working Papers and Chapters

December 2013Dynamic Commercialization Strategies for Disruptive Technologies: Evidence from the Speech Recognition Industry
with Joshua S. Gans, David H. Hsu: w19764
When startup innovation involves a potentially disruptive technology - initially lagging in the predominant performance metric, but with a potentially favorable trajectory of improvement - incumbents may be wary of engaging in cooperative commercialization with the startup. While the prevailing theory of disruptive innovation suggests that this will lead to (exclusively) competitive commercialization and the eventual replacement of incumbents, we consider a dynamic strategy involving product market entry before switching to a cooperative commercialization strategy. Empirical evidence from the automated speech recognition industry from 1952-2010 confirms the main prediction of the model.
April 2012Non-compete Agreements: Barriers to Entry…and Exit?
with Lee Fleming
in Innovation Policy and the Economy, Volume 12, Josh Lerner and Scott Stern, editors

Contact and additional information for this authorAll NBER papers and publicationsNBER Working Papers only

 
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