Abstract
In this paper, we apply a dynamic option-game framework to examine the impact of information time lag on Research and Development (R&D) investment in innovative information technology (IT) industry. We focus on incentives of competition and coordination in R&D. Our results show that shorter information time lag may induce firms to coordinate their investments and avoid over-investment. The threshold of information time lag developed in this paper can facilitate managerial decisions on whether to compete or coordinate R&D investments.
| Original language | English (US) |
|---|---|
| Pages (from-to) | 241-251 |
| Number of pages | 11 |
| Journal | Information Technology and Management |
| Volume | 12 |
| Issue number | 3 |
| DOIs | |
| State | Published - Sep 2011 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 9 Industry, Innovation, and Infrastructure
All Science Journal Classification (ASJC) codes
- Information Systems
- Communication
- Business, Management and Accounting (miscellaneous)
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