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What transaction costs influence users' buy-or-innovate decisions? (1) Differences between users' and manufacturers' views regarding what constitutes a desirable solution. (2) Differences in innovation quality
What transaction costs influence users' buy-or-innovate decisions? (1) Differences between users' and manufacturers' views regarding what constitutes a desirable solution. (2) Differences in innovation quality signaling requirements between user and manufacturer innovations. (3) Differences in legal requirements placed on user and manufacturer innovations
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