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Market entry, a vehicle for innovation?
Abstract
This paper investigates whether market entrants exhibit more product innovation than
incumbent firms, and whether a firm’s overall age in the industry relates to its propensity
to innovate. Our study found that new entrants were no more likely to innovate than
their incumbent competitors, a result that was consistent across industries and types
of market entry. However, over an extended timeframe we found a positive, significant,
linear relationship between a firm’s age within an industry and its propensity to
innovate.
Type
Honors thesisDepartment
EconomicsPermalink
https://hdl.handle.net/10161/3562Citation
Sirenko, Maxim (2011). Market entry, a vehicle for innovation?. Honors thesis, Duke University. Retrieved from https://hdl.handle.net/10161/3562.Collections
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Rights for Collection: Undergraduate Honors Theses and Student papers
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