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Biased Sampling of Early Users and the Direction of Startup Innovation
Cao, Ruiqing; Koning, Rembrand M.; Nanda, Ramana - National Bureau of Economic Research - 2021
Using data from a prominent online platform for launching new digital products, we document that the composition of the platform's 'beta testers' on the day a new product is launched has a systematic and persistent impact on the venture's success. Specifically, we use word embedding methods to...
Persistent link: https://www.econbiz.de/10012585366
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Induction and Evolution in the Origin of Inventions : Evidence from Smoking Cessation Products
Werfel, Seth H. - 2010
innovation in a socially desirable substitute. Evolutionary theory emphasizes the possibility of innovation waves associated with … products. It does appear, however, that dominant designs did have substantial positive innovation effects. More specifically … innovation effects at the firm level than among individual inventors …
Persistent link: https://www.econbiz.de/10012462114
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Dynamics of Consumer Demand for New Durable Goods
Gowrisankaran, Gautam - 2009
Most new consumer durable goods experience rapid prices declines and quality improvements, suggesting the importance of modeling dynamics. This paper specifies a dynamic model of consumer preferences for new durable goods with persistently heterogeneous consumer tastes, rational expectations,...
Persistent link: https://www.econbiz.de/10012463910
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Privacy and Innovation
Goldfarb, Avi - 2011
the extent and direction of data-based innovation. We also show that the impact of privacy regulation can be extremely … heterogeneous. Therefore, we argue that digitization means that privacy policy is now a part of innovation policy …
Persistent link: https://www.econbiz.de/10012461534