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A Note on backward compatibility

Author: Kende, Michael INSEAD Area: Economics and Political Science Series: Working Paper ; 93/75/EPS Publisher: Fontainebleau : INSEAD, 1993.Language: EnglishDescription: 11 p.Type of document: INSEAD Working Paper Online Access: Click here Abstract: A system innovator with a monopoly over the production of both hardware and software chooses to make a new system not backward compatible with the software of the preceding generation when profits on sales of new software outweigh the development costs. JEL Classification Number : L12
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A system innovator with a monopoly over the production of both hardware and software chooses to make a new system not backward compatible with the software of the preceding generation when profits on sales of new software outweigh the development costs. JEL Classification Number : L12

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