Publisher:
Utrecht University, Utrecht School of Economics, Tjalling C. Koopmans Research Institute, Utrecht
Abstract:
Empirical evidence shows that consumers can innovate as well as producers They spend considerable time and money and collaboratively develop substantial projects, which enhance social welfare. Household sector innovation is also important in developing countries. We summarize recent insights on how household sector innovation can be measured. In social surveys we can directly measure consumer innovation. Firm surveys can be modified to better capture if and how commercial organizations absorb household sector innovations.