Construct · 1 fields · 1 citations

market size effect in innovation: a standalone construct

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market size effectin innovation1 CONSTRUCTMarket size effect inACEMOGLU · ECONOMICS OF

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Economics of innovation and growth

the tendency of research and new products to flow toward markets with more potential buyers, shown with demographic shifts in drug demand.

In economics of innovation and growth, market size effect in innovation refers to the tendency of research and new products to flow toward markets with more potential buyers, shown with demographic shifts in drug demand. This meaning comes from Acemoglu (2004) in The Quarterly Journal of Economics.[1]

Unit
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Nearby constructs

demand4 fields · 4 citationsjingle · one word, four constructsflow6 names · 12 citationsjangle · five names, one experience, partlygrowth4 fields · 4 citationsjingle · one word, four constructs

References

  1. Acemoglu, D., & Linn, J. (2004). Market Size in Innovation: Theory and Evidence from the Pharmaceutical Industry. The Quarterly Journal of Economics, 119(3), 1049-1090. https://doi.org/10.1162/0033553041502144

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