ANALYSIS OF THE RESULTS OF MANUFACTURE’S MODERNIZATION IN CONDITIONS OF OLIGOPOLY COMPETITION OF INNOVATOR AND ITS PURSUER
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ANALYSIS OF THE RESULTS OF MANUFACTURE’S MODERNIZATION IN CONDITIONS OF OLIGOPOLY COMPETITION OF INNOVATOR AND ITS PURSUER
Annotation
PII
S042473880000616-6-1
Publication type
Article
Status
Published
Pages
88-105
Abstract

With the help of the developed analytical model the process of manufacture’s modernization by the enterprises–innovators and their pursuers is investigated, which strategy differ by terms and expenses. The conditions of profit gaining are obtained for innovator and pursuer as a result of a competition in the determined and stochastic variants of model. The expressions for the price value set of the right on new technology are given at the bargain of the competitors. The influence of terms and innovation costs on results of modernization is investigated.

Keywords
modernization, duopoly, innovator, competition, cost reduction, competitive advantage
Date of publication
01.01.2013
Number of purchasers
0
Views
695
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