The microeconomics of product innovation / by Paul Stoneman, Eleonora Bartoloni, Maurizio Baussola.

Format:

Book

Author/Creator:

Stoneman, Paul, author.

Bartoloni, Eleonora, author.

Baussola, Maurizio, author.

Language:

English

Subjects (All):

Technological innovations--Economic aspects.

Technological innovations.

Microeconomics.

New products.

Physical Description:

1 online resource

Edition:

First edition.

Place of Publication:

Oxford, England : Oxford University Press, [2018]

Summary:

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.

Contents:

1. Introduction

2. Some initial definitions

3. Sources of new products

4. The extent of product innovation

5. The demand for a new product

6. Capacity creation, pricing, and the promotion of product innovations

7. The incentives to, and constraints upon, product innovation

8. Empirical evidence on the determinations of the extent of product innovation

9. The diffusion of product innovations

10. Product innovation and firm performance

11. Product innovation and price measurement

12. Product innovation and welfare

13. Product innovation and the policy dimension.

Notes:

This edition previously issued in print: 2018.

Includes bibliographical references (pages 221-239) and index.

Description based on print version record.

ISBN:

0-19-254863-8

0-19-254862-X

0-19-185832-3