استراتژی سرمایه گذاری فناوری در حضور ورود به رقابت: استقرار اینترنت پرسرعت در صنعت ارتباطات راه دور آمریکا

Yet, such a strategy was dysfunctional. A strategy of investment would have been best for the incumbents since the gains from triggering network externalities would have been substantial. As new competitors entered the incumbents’ markets, the best strategy for the incumbents would have been to reciprocate positively, invest in fiber capacity, and then play tit for tat. If the incumbents had invested in broadband and even more competitive entrants followed, which in turn caused greater broadband investment, and so on, the wiring of the entire United States by new entrants and incumbents with broadband technology would today be complete.