Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/67732
Authors: 
Hartwick, John
Year of Publication: 
2011
Series/Report no.: 
Queen's Economics Department Working Paper 1280
Abstract: 
We solve for an S-shaped schedule for market size for a new product that undergoes gradual widespread adoption. We hypothesize that the speed of market expansion is positively related to the current profit per unit being produced. In a mature market the unit profit is relatively low.
Subjects: 
product cycle
successful innovation
JEL: 
O31
L19
M39
Document Type: 
Working Paper

Files in This Item:
File
Size
112.11 kB





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