Dynamic control of a multiproduct monopolist firm’s product and process innovation

References

• Alvarez, F., & Cerda, E. (2003). Learning by doing in a T-period production planning: Analytical solution. European Journal of Operational Research, 150(2), 353–369.
   Web of Science ®Google Scholar
• Athey, S., & Schmutzler, A. (1995). Product and process flexibility in an innovation environment. The Rand Journal of Economics, 26(4), 557–574.
   Web of Science ®Google Scholar
• Argotte, L., & Epple, D. (1990). Learning curves in manufacturing. Science, 247(4945), 920–924.
   PubMed Web of Science ®Google Scholar
• Arrow, K. J. (1962). The economic implications of learning by doing. Review of Economic Studies, 29(3), 155–173.
   Web of Science ®Google Scholar
• Aghion, P., & Howitt, P. (1992). A model of growth through creative destruction. Econometrica, 60(3), 488–500.
   Google Scholar
• Bonanno, G., & Haworth, B. (1998). Intensity of competition and the choice between product and process innovation. International Journal of Industrial Organization, 16(4), 495–510.
   Web of Science ®Google Scholar
• Bond, E. W., Jones, R. W., & Wang, P. (2005). Economic takeoffs in a dynamic process of globalization. Review of International Economics, 13(1), 1–19.
   Google Scholar
• Bond, E. W., & Ma, Y. (2013). Learning by doing and fragmentation. Pacific Economic Review, 18(5), 603–627.
   Web of Science ®Google Scholar
• Chenavaz, R. (2011). Dynamic pricing rule and R&D. Economics Bulletin, 31(3), 2229–2236.
   Google Scholar
• Chenavaz, R. (2012). Dynamic pricing, product and process innovation. European Journal of Operational Research, 222(3), 553–557.
   Web of Science ®Google Scholar
• Cellini, R., & Lambertini, L. (1998). A dynamic model of differentiated oligopoly with capital accumulation. Journal of Economic Theory, 83(1), 145–155.
   Web of Science ®Google Scholar
• Cellini, R., & Lambertini, L. (2002). A differential game approach to investment in product differentiation. Journal of Economic Dynamics & Control, 27(1), 51–62.
   Web of Science ®Google Scholar
• Cellini, R., & Lambertini, L. (2009). Dynamic R&D with spillovers: Competition vs. cooperation. Journal of Economic Dynamics and Control, 33(3), 568–582.
   Web of Science ®Google Scholar
• Clarke, F. H., Darrough, M. N., & Heineke, J. M. (1982). Optimal pricing policy in the presence of experience effects. Journal of Business, 55(4), 517–530.
   Web of Science ®Google Scholar
• Dorroh, J. R., Gulledge, T. R., & Womer, N. K. (1994). Investment in knowledge: A generalization of learning by experience. Management Science, 40(8), 947–958.
   Web of Science ®Google Scholar
• Dorroh, J. R., Gulledge, T. R., & Womer, N. K. (1986). A generalization of the learning curve. European Journal of Operational Research, 26(2), 205–216.
   Web of Science ®Google Scholar
• El Ouardighi, F., & Tapiero, C. S. (1998). Quality and the diffusion of innovations. European Journal of Operational Research, 106(1), 31–38.
   Web of Science ®Google Scholar
• Grant, R. M. (1996). Prospering in dynamically-competitive environments: Organizational capability as knowledge integration. Organization Science, 7(4), 375–387.
   Web of Science ®Google Scholar
• Gopalakrishnan, S., Bierly, P., & Kessle, E. H. (1999). A reexamination of product and process innovations using a knowledge-based view. The Journal of High Technology Management Research, 10(1), 147–166.
   Google Scholar
• Hatch, N. W., & Mowery, D. C. (1998). Process innovation and learning by doing in semiconductor manufacturing. Management Science, 44(11), 1461–1477.
   Web of Science ®Google Scholar
• Imai, K. (1992). The Japanese pattern of innovation and its evolution. In N. Rosenberg, R. Laudan & D. Mowery (Eds.), Technology and the Wealth of Nations. Stanford: Stanford University Press.
   Google Scholar
• Ishikawa, J. (1992). Learning by doing, changes in industrial structure and trade patterns, and economic growth in a small open economy. Journal of International Economics, 33(3–4), 221–244.
   Web of Science ®Google Scholar
• Kutsoati, E., & Za′bojn′ık, J. (2005). The effects of learning-by-doing on product innovation by a durable good monopolist. International Journal of Industrial Organization, 23(1), 83–108.
   Web of Science ®Google Scholar
• Klepper, S. (1996). Entry, exit, growth, and innovation over the product life cycle. American Economic Review, 86(3), 562–583.
   Web of Science ®Google Scholar
• Lambertini, L. (2003). The monopolist’s optimal R&D portfolio. Oxford Economic Papers, 55(4), 561–578.
   Web of Science ®Google Scholar
• Lambertini, L. (2004). Process and product R&D by a multiproduct monopolist: A reply to Lin. Oxford Economic Papers, 56(4), 745–749.
   Web of Science ®Google Scholar
• Lambertini, L., & Mantovani, A. (2009). Process and product innovation by a multiproduct monopolist: A dynamic approach. International Journal of Industrial Organization, 27(4), 508–518.
   Web of Science ®Google Scholar
• Lambertini, L., & Orsini, R. (2015). Quality improvement and process innovation in monopoly: A dynamic analysis. Operations Research Letters, 43(4), 370–373.
   Web of Science ®Google Scholar
• Lin, P., & Saggi, K. (2002). Product differentiation, process R&D, and the nature of market competition. European Economic Review, 46(1), 201–211.
   Web of Science ®Google Scholar
• Lin, P. (2004). Process and product R&D by a multiproduct monopolist. Oxford Economic Papers, 56(4), 735–743.
   Web of Science ®Google Scholar
• Levitt, S. D., List, J. A., & Syverson, C. (2012). Toward an understanding of learning by doing: Evidence from an automobile assembly plant. Journal of Political Economy, 121(4), 643–681.
   Web of Science ®Google Scholar
• Li, G., & Rajagopalan, S. (1998). Process improvement, quality, and learning effects. Management Science, 44(11-part-1), 1517–1532.
   Web of Science ®Google Scholar
• Mantovani, A. (2006). Complementarity between product and process innovation in a monopoly setting. Economics of Innovation and New Technology, 15(3), 219–234.
   Google Scholar
• Majerus, D. (1988). Price vs. quantity competition in oligopoly supergames. Economics Letters, 27(3), 293–297.
   Web of Science ®Google Scholar
• Pruett, M., & Thomas, H. (2008). Experience-based learning in innovation and production. R&D Management, 38(2), 141–153.
   Web of Science ®Google Scholar
• Pe′rez, C. J., & Ponce, C. J. (2015). Disruption costs, learning by doing, and technology adoption. International Journal of Industrial Organization, 41(3), 64–75.
   Web of Science ®Google Scholar
• Pan, X. J., & Li, S. D. (2016). Dynamic optimal control of process – product innovation with learning by doing. European Journal of Operational Research, 248(1), 136–145.
   Web of Science ®Google Scholar
• Rosenkranz, S. (2003). Simultaneous choice of process and product innovation when consumers have a preference for product variety. Journal of Economic Behavior and Organisation, 50(2), 183–201.
   Web of Science ®Google Scholar
• Saha, S. (2007). Consumer preferences and product and process R&D. The Rand Journal of Economics, 38(1), 250–268.
   Web of Science ®Google Scholar
• Simon, H. (1991). Bounded rationality and organizational learning. Organization Science, 2(1), 125–134.
   Web of Science ®Google Scholar
• Thompson, P. (2010). Learning by doing. Handbook of the Economics of Innovation, 1(1), 429–476.
   Google Scholar
• Utterback, J. M., & Abernathy, W. J. (1975). A dynamic model of process and product innovation. Omega, 3(6), 639–656.
   Web of Science ®Google Scholar
• Usman, U., & Batabyal, A. A. (2014). Goods production, learning by doing, and growth in a region with creative and physical capital. International Review of Economics and Finance, 33, 92–99.
   Web of Science ®Google Scholar
• Wright, T. P. (1936). Factors affecting the costs of airplanes. Journal of the Aeronautical Sciences, 3(4), 122–128.
   Google Scholar
• Weiss, P. (2003). Adoption of product and process innovations in differentiated markets: The impact of competition. Review of Industrial Organization, 23(3–4), 301–314.
   Web of Science ®Google Scholar
• Yang, X., & Borland, J. (1991). A microeconomic mechanism for economic growth. Journal of Political Economy, 99(3), 460–482.
   Web of Science ®Google Scholar
• Yin, X., & Zuscovitch, E. (1998). Is firm size conducive to R&D choice? A strategic analysis of product and process innovations. Journal of Economic Behavior and Organization, 35(2), 243–262.
   Web of Science ®Google Scholar