Can Companies Maintain their Initial Innovative Thrust? A Study of the PC Software Industry

This paper identifies a number of patterns in the sales of products within firms and over time in the PC software industry. For example, we find that a firm's initial product tends to be its most successful. There is also some indication that a firm's initial product sells better than its...

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Veröffentlicht in:The review of economics and statistics 1994-08, Vol.76 (3), p.523-540
Hauptverfasser: Prusa, Thomas J., Schmitz, James A.
Format: Artikel
Sprache:eng
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Zusammenfassung:This paper identifies a number of patterns in the sales of products within firms and over time in the PC software industry. For example, we find that a firm's initial product tends to be its most successful. There is also some indication that a firm's initial product sells better than its second, its second better than its third, and so on. We sketch some simple models consistent with these results.
ISSN:0034-6535
1530-9142
DOI:10.2307/2109977