%0 Journal Article %1 De-LisoFilatrella:2008 %A Liso, Nicola De %A Filatrella, Giovanni %D 2008 %I Routledge, part of the Taylor& Francis Group %J Economics of Innovation and New Technology %K change competition innovation long-cycle technology %N 6 %P 593--610 %T On Technology Competition: A Formal Analysis of the 'Sailing-Ship Effect' %V 17 %X One of the key features of our economies consists of the coexistence of different technologies supplying similar products and services. We often observe that an old technology is improved when a new one appears; behind this process of improvement often lies an intentional research activity. There thus begins a competition between the two technologies whose performances are improved via R&D. We focus our attention on this competition process and supply a formal model, based on the optimization of R&D expenditure of both technologies, which can describe the dynamics of the delayed overtaking of the new technology over the old one.

@article{De-LisoFilatrella:2008, abstract = {One of the key features of our economies consists of the coexistence of different technologies supplying similar products and services. We often observe that an old technology is improved when a new one appears; behind this process of improvement often lies an intentional research activity. There thus begins a competition between the two technologies whose performances are improved via R&D. We focus our attention on this competition process and supply a formal model, based on the optimization of R&D expenditure of both technologies, which can describe the dynamics of the delayed overtaking of the new technology over the old one.}, added-at = {2010-03-02T17:25:53.000+0100}, author = {Liso, Nicola De and Filatrella, Giovanni}, bdsk-url-1 = {http://dx.doi.org/10.1080/10438590701560360}, biburl = {https://www.bibsonomy.org/bibtex/2c5d2a7aa9d30175228f46d0c6a6591b8/jrennstich}, citeulike-article-id = {3139447}, date-added = {2008-10-25 22:40:01 -0400}, date-modified = {2010-02-28 21:03:31 -0500}, interhash = {b714ee9a436b41d586d3a8cf4fb424c9}, intrahash = {c5d2a7aa9d30175228f46d0c6a6591b8}, issn = {1043-8599}, journal = {Economics of Innovation and New Technology}, keywords = {change competition innovation long-cycle technology}, number = 6, pages = {593--610}, posted-at = {2008-10-26 02:18:29}, priority = {2}, publisher = {Routledge, part of the Taylor& Francis Group}, timestamp = {2010-03-08T17:16:07.000+0100}, title = {On Technology Competition: A Formal Analysis of the 'Sailing-Ship Effect'}, volume = 17, year = 2008 }