Empirical Analysis of the Relationship between Technology and Product Choice (Fostering Joint International Research)

2017 Fiscal Year Final Research Report

• Project/Area Number: 15KK0078
• Research Category: Fund for the Promotion of Joint International Research (Fostering Joint International Research)
• Allocation Type: Multi-year Fund
• Research Field: Economic policy
• Research Institution: Hitotsubashi University
• Principal Investigator: Ohyama Atsushi 一橋大学, 大学院商学研究科, 准教授 (20598825)
• Research Collaborator: Braguinsky Serguey University of Maryland, Robert H. Smith School of Business ; Agarwal Rajshree University of Maryland, Robert H. Smith School of Business
• Project Period (FY): 2016 – 2017
• Keywords: 製品選択 / 実証産業組織論

Outline of Final Research Achievements

This research empirically investigates the process through which firms form competitiveness by focusing on product innovations and firms' leadership structure. The empirical analysis of the research show that firms shift their focus of their production to technically and qualitatively sophisticated products as the industry develops, On the other hand, firms reduce the scope of the products they initially produced, but expand the production of surviving products in scale. Firms need to overcome technical difficulties when they introduce vertically differentiated products, although potential demand exists. Firms are able to implement several growth strategies and grow in multiple dimensions when the leadership of their top management team is shared and stable.

Free Research Field

産業組織論