By revisiting Scitovsky's work on well-being, which introduces 'novelty' into the consumer's option set as a peculiar …. However, his welfare benchmark is different from rational choice, as understood by the economists, because 'novelty' implies a …

We develop a model in which novelty and conformity motivate fashion behavior. Fashion cycles occur if conformity is not … too high. The duration of fashion cycles depends on individual-specific conformity, novelty, and the number of available … styles. The use of individual-specific novelty and conformity allows us to also identify fashion leaders. …

external. The main focus in the study is on the aspects of novelty and creativity in research and the question of the extent to … in terms of novelty generation turned out to be smaller than originally expected. …

phenomena. Accordingly, this study aims to help fill the gap by investigating the importance of novelty and relatedness of … novelty and relatedness affect the performance in the venture creation process. Different types and degrees of novelty are … hypothesised that novelty hinders short term performance in the venture creation process. On the other hand knowledge and resource …

The emergence of novelty is a driving agent for economic change. New technologies, new products and services, new … emergence of novelty is not well understood. What seems to be clear, however, is that it implies "bounds of unknowledge … be examined, possibilities for positively theorizing about novelty will be explored, and the methodological consequences …

notion of creative learning agents who bring about novelty. We argue that apart from the challenges it poses for positive … theorizing, novelty (be it technological, institutional or commercial) also has a complex normative dimension that standard … evolutionary-naturalistic insights into the way human agents bring about, value and respond to novelty-induced change. …

environment of uncertainty, potential novelty and policy priority. Drawing on the literature of Austrian, institutional …

: novelty, complexity, and autonomy. During the subsequent process of questionnaire development with higher education graduates … the development and the replication study show that the 22-item instrument validly and reliably measures novelty (4 items …

&D projects changes hands in terms of technology novelty (what). The main results can be summarized as follows. First, most of the …