@article{ref1,
title="A brave leap or a gradual climb? The dynamics of investment in R and D of integrative technologies",
journal="Defence and peace economics",
year="2006",
author="Setter, Oren and Tishler, Asher",
volume="17",
number="3",
pages="201-222",
abstract="Our paper explores the optimal investment in integrative technologies (such as command and control systems), which are a major part of defense R&D at the beginning of the 21st century. Employing a dynamic optimization framework, we find that under linear development costs, it may be optimal or nearly optimal to build military forces using a myopic, short-termed, approach. In such cases, it would be optimal to transform an armed force into a network-centric environment within just a few years. When development costs are convex however, early investment in technological infrastructure is required, extending the transformation period over more than a decade.<p />",
language="",
issn="1024-2694",
doi="10.1080/10242690600645100",
url="http://dx.doi.org/10.1080/10242690600645100"
}