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Who is afraid of pirates? : an experiment on the deterrence of innovation by imitation
Engel, Christoph; Kleine, Marco - 2013
cost and risk. Nonetheless standard theory predicts too little innovation. Arguably the problem is exacerbated by … appropriation than predicted by standard theory. But the risk and the experience of appropriation does not deter innovation. We find … even more innovation than predicted by theory, and actually more than would be efficient. In the lab, the prospect of …
Persistent link: https://www.econbiz.de/10009742356
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The Effectiveness of Public Subsidies for Private Innovations. An Experimental Approach
Brüggemann, Julia - 2017
evidence from a laboratory experiment. In a creative real effort task simulating the innovation process, two distinct means of …
Persistent link: https://www.econbiz.de/10012970651
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Who is Afraid of Pirates? An Experiment on the Deterrence of Innovation by Imitation
Engel, Christoph; Kleine, Marco - 2013
cost and risk. Nonetheless standard theory predicts too little innovation. Arguably the problem is exacerbated by … lab. We find more appropriation but also more innovation than predicted by standard theory. In the lab, the prospect of … theory. The data suggest that this behavior results from the intention not to be outperformed by one’s peers …
Persistent link: https://www.econbiz.de/10014038994
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Does the Source of Innovation Influence Consumers’ Product Demand? An Experimental Study within an Innovation Contest Setting
Schmidt, Lisa - 2013
the case of an online-based design contest. We conducted an experiment (n=208) where participants were randomly grouped …
Persistent link: https://www.econbiz.de/10013083015
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Effect of consumer innovativeness on new product purchase intentions through learning process and perceived value
Al-Jundi, Salem A.; Shuhaiber, Ahmed; Augustine, Reshmi - In: Cogent business & management 6 (2019), pp. 1-21
Prior research on the impact of consumer innovativeness on new product purchase intentions experienced confusion about the definition of innovativeness and the interest in a specific domain. To fill the gaps, this study builds a new model to examine the multivariate effects of different...
Persistent link: https://www.econbiz.de/10012622477
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New Product Introduction and Seasonality Effect in Food Products Retailing
Rajagopal, Dr - 2007
This study aims at measuring the effects of market demand and seasonality on new product introduction. Major factors contributing the variability of market demand and seasonality of new products have been discussed in reference to timing of introducing new products, variability of consumer...
Persistent link: https://www.econbiz.de/10012730825
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Dynamics of Consumer Adoption of Financial Innovation : The Case of ATM Cards
Yang, Botao; Ching, Andrew T. - 2015
We develop a structural consumer lifecycle model to investigate consumers’ adoption and usage decisions of ATM cards. If consumers are forward-looking with a known discount factor, our framework can control for the heterogeneous lifespan faced by consumers of different ages, and hence measure...
Persistent link: https://www.econbiz.de/10014046380
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Dynamics of Consumer Demand for New Durable Goods
Gowrisankaran, Gautam; Rysman, Marc - 2015
This paper specifies and estimates a dynamic model of consumer preferences for new durable goods with persistent heterogeneous consumer tastes, rational expectations about future products and repeat purchases over time. Most new consumer durable goods, particularly consumer electronics, are...
Persistent link: https://www.econbiz.de/10014048514
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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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Continuous market growth beyond functional satiation : time-series analyses of US footwear consumption, 1955-2002
Frenzel Baudisch, Alexander (contributor) - 2006
Market growth is driven by product innovation. Beyond functional satiation the marginal utility of product performance and variety decreases. We argue that social comparisons underlying innovation diffusion results in consumer motivations for upward assimilation toward the behavior of better...
Persistent link: https://www.econbiz.de/10003375567