Construct · 1 fields · 1 citations

epidemic diffusion model: a standalone construct

One name. One construct. A landmark on the map.

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epidemicdiffusion model1 CONSTRUCTEpidemic diffusion modelMANSFIELD · SCIENCE AND

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Science and innovation policy

the model in which firms adopt an innovation through imitation of earlier adopters, at a rate rising with profitability and falling with cost.

In science and innovation policy, epidemic diffusion model refers to the model in which firms adopt an innovation through imitation of earlier adopters, at a rate rising with profitability and falling with cost. This meaning comes from Mansfield (1961) in Econometrica.[1]

Unit
Recovery means
Measured by

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Nearby constructs

cost4 fields · 4 citationsjingle · one word, four constructsdiffusion6 fields · 12 citationsjingle · one name, six constructsimitation2 fields · 4 citationsjingle · one word, two constructs

References

  1. Mansfield, E. (1961). Technical Change and the Rate of Imitation. Econometrica, 29(4), 741. https://doi.org/10.2307/1911817

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