The impact of market size and users' sophistication on innovation: the patterns of demand

被引：27
|
作者：
Guerzoni, Marco [1 ]
机构：
[1] Friedrich Schiller Univ, Fac Econ & Business Adm, Jena, Germany
来源：
ECONOMICS OF INNOVATION AND NEW TECHNOLOGY | 2010年 / 19卷 / 01期
关键词：
innovation; demand;
D O I：
10.1080/10438590903016526
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
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.
引用
收藏
页码：113 / 126
页数：14
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