Market Segmentation and the Sources of Rents From Innovation: Personal Computers in the Late 1980s
This paper evaluates the sources of transitory market power in the market for personal computer (PCs) during the late 1980s. Our analysis is motivated by the coexistence of low barriers to entry into the PC industry and high rates of innovative investment by a small number of PC manufacturers.
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|Date of creation:||1996|
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