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...

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Bibliographic Details
Main Authors: Gambardella, Alfonso, Raasch, Christina, von Hippel, Eric A.
Other Authors: Sloan School of Management
Format: Article
Language:en_US
Published: Institute for Operations Research and the Management Sciences (INFORMS) 2016
Online Access:http://hdl.handle.net/1721.1/103555
https://orcid.org/0000-0002-7235-1032