The aim of this paper is an investigation on the role of demand upon innovation. Despite the decades-long debate on demand and innovation, theory still lacks an analytical formulation. This paper proposes a model where demand is conceived as a peculiar blend of two conditions, market size, and users' sophistication. These conditions drive firms' incentives to innovate. As the main outcome, the paper explores the underlying mechanisms of demand-pull theories and proposes a theoretical taxonomy of industries.
Guerzoni, M. (2010). The impact of market size and users’ sophistication on innovation: the patterns of demand. ECONOMICS OF INNOVATION AND NEW TECHNOLOGY, 19(1), 113-126 [10.1080/10438590903016526].
The impact of market size and users’ sophistication on innovation: the patterns of demand
Guerzoni, M
2010
Abstract
The aim of this paper is an investigation on the role of demand upon innovation. Despite the decades-long debate on demand and innovation, theory still lacks an analytical formulation. This paper proposes a model where demand is conceived as a peculiar blend of two conditions, market size, and users' sophistication. These conditions drive firms' incentives to innovate. As the main outcome, the paper explores the underlying mechanisms of demand-pull theories and proposes a theoretical taxonomy of industries.
| File | Dimensione | Formato | |
|---|---|---|---|
|
guerzoni1.pdf
Solo gestori archivio
Dimensione
235.33 kB
Formato
Adobe PDF
|
235.33 kB | Adobe PDF | Visualizza/Apri Richiedi una copia |
I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
