EconStor >
Max-Planck-Institut für Ökonomik, Jena >
Jena Economic Research Papers, MPI für Ökonomik >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/25609
  
Title:The impact of market size and users' sophistication on innovation: the patterns of demand and the technology life cycle PDF Logo
Authors:Guerzoni, Marco
Issue Date:2007
Series/Report no.:Jena economic research papers 2007,046
Abstract:The aim of this paper is an investigation on the role of demand in industrial dynamics. Despite the decades-long debate on demand and innovation, theory still lacks a comprehensive 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 main outcome, the paper proposes both a theoretical taxonomy of sectors and an original explanation of technological life cycle.
Subjects:Innovation
demand
industry life cycle
JEL:O31
O33
L15
Document Type:Working Paper
Appears in Collections:Jena Economic Research Papers, MPI für Ökonomik

Files in This Item:
File Description SizeFormat
547162480.PDF576.94 kBAdobe PDF
No. of Downloads: Counter Stats
Download bibliographical data as: BibTeX
Share on:http://hdl.handle.net/10419/25609

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.