The Microeconomics of Product Innovation

The Microeconomics of Product Innovation

Written in an accessible tone and restricting its analysis to the use of microeconomics, this work encompasses the definition of product innovation.--Résumé de l'éditeur

Author: Paul Stoneman

Publisher:

ISBN: 0191858323

Category: Microeconomics

Page:

View: 298

Economics has not given sufficient attention to the microeconomic analysis of innovation and technological change. Counteracting this imbalance, 'The Microeconomics of Product Innovation' considers how the use of economic analysis can guide and inform the search for insight in the generation and adoption of new products synonymously labelled product innovation. Written in an accessible tone and restricting its analysis to the use of microeconomics, this work encompasses the definition of product innovation.
Categories: Microeconomics

The Microeconomics of Product Innovation

The Microeconomics of Product Innovation

4 Frenz, M. 110 Fritsch, M. 115 Fudenberg, D. 65 Gabszewicz, J. 10, 69,90 Galgau, O. 120 Ganotakis, P. 154 Gao, Z. 132 Gatignon, H. 164, 165 Gentry, J. W. 129 Germany Apple 78 diffusion of production of product innovations 133, ...

Author: Paul Stoneman

Publisher: Oxford University Press

ISBN: 9780198816676

Category: Business & Economics

Page: 232

View: 282

Economics has not given sufficient attention to the microeconomic analysis of innovation and technological change. Counteracting this imbalance, The Microeconomics of Product Innovation considers how the use of economic analysis can guide and inform the search for insight in the generation and adoption of new products synonymously labelled product innovation. Written in an accessible tone and restricting its analysis to the use of microeconomics, this book encompasses the definition of product innovation. It explores means of measurement and revealed patterns of the extent of product innovation; the economic analysis of the forces driving the demand for, the supply of, and incentives to generate new products; empirical evidence upon the determinants of the extent of product innovation; the diffusion of product innovations; product innovation and firm performance; price measurement under product innovation; product innovation and welfare; and public policy and product innovation.
Categories: Business & Economics

The Learning Economy and the Economics of Hope

The Learning Economy and the Economics of Hope

Anne P. Carter (1986) points to the neglect of product innovation in production models as a general and serious weakness. But this neglect is consistent with the microeconomic assumption of pure markets as the norm.

Author: Bengt-Åke Lundvall

Publisher: Anthem Press

ISBN: 9781783085989

Category: Business & Economics

Page: 250

View: 810

‘The Learning Economy and the Economics of Hope’ brings together the most important contributions by an expert on policies, management and economics of innovation and knowledge. It offers original insights in processes of innovation and learning and it draws implications for economic theory and public policy. It introduces the reader to important concepts such as innovation systems and the learning economy. It throws a new light on economic development and opens up for a new kind of economics – the economics of hope. It offers a fresh perspective on many of the most important global challenges of today showing how full attention to the characteristics of the learning economy needs to be combined with innovation in global governance. The analysis demonstrates that new technology is developed in an interaction between individuals and organizations and that innovation would not thrive in an economy similar to textbook models of pure markets and perfect competition. It also shows that innovation requires that scientific knowledge is combined with experience based learning and that the performance of innovation systems therefore reflects the combination of research efforts and organizational learning. Growing inequality in income and in access to knowledge and learning is presented as a threat to social cohesion and global well-being. In the concluding part of the book the conceptual framework is used to study how China’s innovation system and policy, Europe’s crisis and underdevelopment in Africa interact is shaping an imbalanced and crisis ridden world system. A new kind of economics, policy learning and new regimes of global governance are presented as elements of hope for the future.
Categories: Business & Economics

The New Economy of the Product Life Cycle

The New Economy of the Product Life Cycle

This book presents the theory and practice of product lifecycle management, chiefly focusing on modern approaches suitable for digitalized enterprises.

Author: Andrey Tyulin

Publisher: Springer Nature

ISBN: 9783030378141

Category: Business & Economics

Page: 400

View: 987

This book presents the theory and practice of product lifecycle management, chiefly focusing on modern approaches suitable for digitalized enterprises. In addition to describing adaptive methods for advanced product creation using big data analytics, it presents economic and mathematical models for managing product lifecycles based on the application of recent methods (e.g. digital design and automated intelligent systems) to control pre-production and production processes. Given its scope, the book appeals to researchers, economic analysts and entrepreneurs alike.
Categories: Business & Economics

Innovation and Firm Performance

Innovation and Firm Performance

In this context, innovations are considered to play a crucial role in stimulating firms’ performance. This book investigates this general hypothesis by looking at three topics: 1.

Author: Bettina Peters

Publisher: Springer Science & Business Media

ISBN: 9783790820263

Category: Science

Page: 226

View: 554

The process of firms’ growth – in terms of productivity or employment – is a major concern of policy makers. In this context, innovations are considered to play a crucial role in stimulating firms’ performance. This book investigates this general hypothesis by looking at three topics: 1. Does innovation lead to an increase in employment growth? 2. Does innovation boost labour productivity? 3. Does innovation in one period improve innovation performance in subsequent periods?
Categories: Science

Study Guide to Accompany McConnell and Brue Microeconomics

Study Guide to Accompany McConnell and Brue Microeconomics

Explain how product innovation can increase profits by increasing revenues . Describe how process innovation can increase profits by reducing costs . Explain the imitation problem for firms . Identify six protections or advantages of ...

Author: Campbell R. McConnell

Publisher: McGraw-Hill/Irwin

ISBN: 0072898380

Category: Business & Economics

Page: 335

View: 373

Categories: Business & Economics

Study Guide to Accompany Microeconomics

Study Guide to Accompany Microeconomics

Explain how product innovation can increase profits by increasing revenues . Describe how process innovation can increase profits by reducing costs . Explain the imitation problem for firms . Identify six protections for or advantages ...

Author: Campbell McConnell

Publisher: Irwin Professional Pub

ISBN: 0073273228

Category: Business & Economics

Page: 317

View: 383

There are more than 200 new full-color transparencies for the seventeenth edition. They encompass all the figures appearing in Economics. Additionally, the figures and tables from the text are found on the Instructor’s Resource CD-ROM.
Categories: Business & Economics

Microeconomics

Microeconomics

It would therefore be better to obtain a generalization of exploitation which also is useful in the context of product innovations . In order to cover both cases , product innovations as well as process innovations , we make use of the ...

Author: Robert E. Kuenne

Publisher:

ISBN: STANFORD:36105060472433

Category: Microeconomics

Page: 426

View: 933

Categories: Microeconomics

The Economics of Localized Technological Change and Industrial Dynamics

The Economics of Localized Technological Change and Industrial Dynamics

The book will be of interest to corporate policy makers, scholars of industrial organization and economics of innovation as well as business school students.

Author: Cristiano Antonelli

Publisher: Springer Science & Business Media

ISBN: 9789401105057

Category: Business & Economics

Page: 183

View: 197

The concept of localized technological change is emerging at the crossroads of different approaches to the economics of innovation and new technologies. The term `localized technological change' refers to the introduction of technological changes which make possible an increase in total factor productivity within only a limited range of techniques defined by the levels of factor intensity. This contrasts with `generalized technological change', which is defined as the global shift of all the techniques represented on the map of isoquants of the neoclassical tradition. The Economics of Localized Technological Change elaborates the notion of localized technology with respect to firms, factor substitution, sectors, regions and techniques. It also assesses the implications for industrial policy, technology and innovation policy. The book will be of interest to corporate policy makers, scholars of industrial organization and economics of innovation as well as business school students.
Categories: Business & Economics