The User Innovation Paradigm: Impacts on Markets and Welfare
Innovation has traditionally been seen as the province of producers. However, theoretical and empirical research now shows that individual users—consumers—are also a major and increasingly important source of new product and service designs. In this paper, we build a microeconomic model of a market...
Main Authors: | , , |
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Other Authors: | |
Format: | Article |
Language: | en_US |
Published: |
Institute for Operations Research and the Management Sciences (INFORMS)
2016
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Online Access: | http://hdl.handle.net/1721.1/103555 https://orcid.org/0000-0002-7235-1032 |