Executive summary II Incentives to innovate for the asymmetric duopoly:
{"Image DocumentName": "Executive summary IIIncentives to innovate for the asymmetric duopoly:", "Image ImageDescription": "If the incumbent innovates, he replaces himself. If the entrant innovates, he achieves positive profits as compared to zero profits. \uf0ae replacement effect. The established firm\u2019s incentive to remain a monopolist rather than becoming a duopolist is greater then the entrant\u2019s incentive to become a duopolist. \uf0ae efficiency effect.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}