The effects of learning-by-doing on product innovation by a durable good monopolist

Are All Technological Improvements Beneficial? Absolutely Not

“…The paper provides an explanation why sometime countries temporarily delay the introduction of innovation. This case is analogous to the concept of sleeping patents discussed in the industrial organization literature (Kutsoati and Zabojnik, 2005, Mattos, 2007, and Leung and Kwok, 2011 Institutes for Research (AIR) that helped to dismantle a widely held belief that "U.S. students do well in mathematics in grade school but decline precipitously in high school," (see Table 1). The study, funded by the U.S Department of Education, found that U.S. students in 4th and 8th grade perform consistently below most of their peers around the world and continue that trend into high school.…”

Managing resource learning in distributed organisations with the organisational capability approach

“…A second layer could be added to this analysis. As emphasised by Kutsoati and Zabojnik (2005) and Xu and Bernard (2010), learning processes can also be divided into two approaches, as shown above (Figure 1, red box): 1 A cognitive approach, based on knowledge and capability codification, which is also called 'reification'. It is the part dedicated to the 'knowers', who model and make knowledge formal.…”

Dynamic optimal control of process–product innovation with learning by doing

“…Linton and Walsh (2004) considered the learning curve literature and integrate it with the literature on technological trajectories and innovation to develop a theory for modeling the learning curve for emerging process technologies. Edward et al (2005) showed that after an initial period of learning-by-doing, the new technology makes the good more attractive to consumers. Anticipating a better product, consumers delay their current purchases which lowers today's profits, but increases future profits since the monopolist can charge a higher price for the high-quality good.…”