Incumbents' responses to innovative entrants - a multi-country dynamic analysis


Diekhof, Josefine ; Cantner, Uwe


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URL: https://ub-madoc.bib.uni-mannheim.de/43701
URN: urn:nbn:de:bsz:180-madoc-437013
Document Type: Working paper
Year of publication: 2017
The title of a journal, publication series: ZEW Discussion Papers
Volume: 17-052
Place of publication: Mannheim
Publication language: English
Institution: Sonstige Einrichtungen > ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung
MADOC publication series: Veröffentlichungen des ZEW (Leibniz-Zentrum für Europäische Wirtschaftsforschung) > ZEW Discussion Papers
Subject: 330 Economics
Classification: JEL: Q01 , Q55 , D22 , L26 , L62 , O31,
Keywords (English): Environmental economics , sustainable development , technological innovation , firm behavior: empirical analysis , entrepreneurship , industry dynamics , automobile industry , electric vehicle
Abstract: The influence of innovative entrants on incumbents is considered important for technological change. We analyze this influence for the global transition towards alternative technology vehicles (ATVs). Our results indicate that entrants’ ATV-related knowledge accumulation stimulates average incumbent’s ATV-related research. Regarding global entrants, incumbents with higher ATV patent stocks increased patenting stronger; supporting previous literature on competitive reactions to entry. Responding to domestic entrants, however, incumbents with low ATV patent stocks increased whereas incumbents with high stocks decreased patenting; suggesting that advanced incumbents outsource research or overtake entrants. Further, certain characteristics and not merely the quantity of entrants drive incumbents’ responses.

Das Dokument wird vom Publikationsserver der Universitätsbibliothek Mannheim bereitgestellt.




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Diekhof, Josefine ; Cantner, Uwe (2017) Incumbents' responses to innovative entrants - a multi-country dynamic analysis. Open Access ZEW Discussion Papers Mannheim 17-052 [Working paper]
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