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Software variety and hardware value: a case study of complementary network externalities in the microcomputer software industry

Journal of Engineering and Technology ManagementPublished 1 September 1998
Tom Cottrell, Ken Koput
Citations52
SJR quartileQ1
SJR score0.86
SNIP1.30

TL;DR

The effects of software provision on the valuation of hardware in the early microcomputer industry, covering the period 1981–1986, is estimated.

Abstract

We estimate the effects of software provision on the valuation of hardware in the early microcomputer industry, covering the period 1981–1986. Since hardware and software technologies `co-evolve,' a discussion of the economic and technological relationships is provided to clarify the nature of the relationship between software variety and hardware price.

Keywords

Economics, Econometrics and FinanceBusiness, Management and Accounting