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The purpose of this paper is to develop a system dynamics model which allows an Original Equipment Manufacturer in the electronics industry to test different value recovery strategies in a Closed-Loop Supply Chain setting. Due to shortening product lifecycles and legislative regulations, companies face the challenge of handling products at their end-of-use(More)
The diffusion of goods showing network externalities differs from that of conventional products. In particular, two effects are important: the bandwagon and the penguin effect. An incrementally refined system dynamics model helps to understand this special diffusion process better. Leverage points for the management of such products can be identified using(More)
Sustained competitive advantage is a major issue in the field of management research. A growing number of scholars utilize the Dynamic Capabilities View as a reason for over average performance and adaptability of a firm, especially to radical innovations that threaten a firm's survival. Due to the abstract character of the concept, the nature and impact of(More)
The importance of trust has grown over the last decade because of the prevalent use of business strategies that depend on the cooperative behavior of groups of economic partners. Such behavior is, in general, a response to the increased complexity and instability of the business environment and the associated pressure that this places on organizations (Moss(More)
Innovation is regarded as a crucial factor for survival and competitive strength of organizations. For industrial companies innovations of the product system and particularly innovations of the processes generating these products are essential. The majority of the scientific literature focuses either on product innovation or on process innovation. In many(More)
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