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- W2352196270 abstract "The essentiality of technological innovation of enterprise in the market competition was explained through the comparison of the game theory models about product differentiation under two market structures: Cournot duopoly of quantity-setting monopoly and Bertrand duopoly of price-setting monopoly. It is indicated that Cournot competition and Bertrand competition are dynamic instead of static in the real market. Along with the process of the competition, Cournot competition can switch to Bertrand competition. After the success of the RD, once its products enter the market, subsequently potential threat of other enterprises is presented. Nevertheless, the enterprise can maintain to be the only producer of certain product within certain period of time. Therefore, price can be held and more profit can be obtained. With the entering of imitators, the monopoly enterprise is confronted with more serious competition. It is implied that enterprises must try to develop the continuous innovation in order to maintain its advantage in the markets." @default.
- W2352196270 created "2016-06-24" @default.
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- W2352196270 date "2003-01-01" @default.
- W2352196270 modified "2023-09-26" @default.
- W2352196270 title "Enhancing Enterprise's Competitive Ability With Technological Innovation" @default.
- W2352196270 hasPublicationYear "2003" @default.
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