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Innovation incentives and competition in the hard disk drive industry

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dc.contributor.advisor Panle Jia Barwick and Stephen P Ryan. en_US Wu, Xiaohua Sherry en_US
dc.contributor.other Massachusetts Institute of Technology. Dept. of Economics. en_US 2012-02-29T17:58:21Z 2012-02-29T17:58:21Z 2011 en_US 2011 en_US
dc.description Thesis (S.M.)--Massachusetts Institute of Technology, Dept. of Economics, 2011. en_US
dc.description Cataloged from PDF version of thesis. en_US
dc.description Includes bibliographical references (p. 52-53). en_US
dc.description.abstract Firms in the hard disk drive industry are continually engaging in R & D and improving the quality of their products. We explore various determinants of the product innovation incentives for firms concerned with both their static and expected future profitability. We estimate the observed innovation outcomes as a function of market condition variables which have significant impact on innovation decisions. In addition, we estimate logit utilities that describe the marginal willingness to pay for quality improvements. One aspect of utility is that the willingness to pay for faster access time to data may be initially low but increases over time. The firms' decisions to introduce faster access time are partly motivated by dynamic considerations. en_US
dc.description.statementofresponsibility by Xiaohua Sherry Wu. en_US
dc.format.extent 53 p. en_US
dc.language.iso eng en_US
dc.publisher Massachusetts Institute of Technology en_US
dc.rights M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission. en_US
dc.rights.uri en_US
dc.subject Economics. en_US
dc.title Innovation incentives and competition in the hard disk drive industry en_US
dc.type Thesis en_US S.M. en_US
dc.contributor.department Massachusetts Institute of Technology. Dept. of Economics. en_US
dc.identifier.oclc 775593196 en_US

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