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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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To Pay or Autopay? Fintech Innovation and Credit Card Payments
Wang, Jialan - National Bureau of Economic Research - 2024
Digital technologies and fintech firms have rapidly reshaped the consumer financial landscape in recent years, and have the potential to help consumers make better decisions and improve their financial health. Existing technologies such as autopay are also experiencing increased takeup, a trend...
Persistent link: https://www.econbiz.de/10014528372
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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