英文摘要
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Past literatures comparing time-to-market of various networks, commonly assume all firms in an industry have similar expertise and a product contains only one module. And those assumptions leading to the conclusion that all firms developing a new product independently have shortest time-to-market among all types of network. Past studies also assumed an alliance can be formed promptly and its new product developing work can be started right away. Usually many products comprise several heterogeneous modules, and the formation of alliance takes times so there have formation-delay in starting new product development. After taking into account those two factors, this paper wants to study whether all firms develop independently is still the network with shortest time-to-market among all types of network? This paper finds that without considering formation-delay of an alliance, when the technological difference of those two modules is large, on average, consortium is the network bringing product to market with fastest speed among all types of network. However, when the formation-delay of consortium is over some length, then all firms developing independently or a network containing complementary alliance have shortest time-to-market.
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