Competing or coordinating: IT R&D investment decision making subject to information time lag
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...
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| Veröffentlicht in: | Information technology and management 2011-09, Vol.12 (3), p.241-251 |
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| creator | Yao, Tao Weyant, John Feng, Baichun |
| description | 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. |
| doi_str_mv | 10.1007/s10799-011-0105-6 |
| format | Article |
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| ispartof | Information technology and management, 2011-09, Vol.12 (3), p.241-251 |
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| language | eng |
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| source | SpringerLink Journals |
| subjects | Approximation Brownian motion Business and Management Competition Computer Communication Networks Data Structures and Information Theory Decision making Financing Game theory Incentives Information systems Information technology Investment IT in Business Literature reviews Management Operations Research/Decision Theory R&D Research & development Studies Time lag |
| title | Competing or coordinating: IT R&D investment decision making subject to information time lag |
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