Construct · 1 fields · 1 citations

product cycle hypothesis: a standalone construct

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

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product cyclehypothesis1 CONSTRUCTProduct cycle hypothesisVERNON · INTERNATIONAL

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International economics

the view that new goods are first produced and exported by innovating rich countries, with production shifting abroad as the product matures and standardizes.

In international economics, product cycle hypothesis refers to the view that new goods are first produced and exported by innovating rich countries, with production shifting abroad as the product matures and standardizes. This meaning comes from Vernon (1966) in The Quarterly Journal of Economics.[1]

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Nearby constructs

cycle4 fields · 4 citationsjingle · one word, four constructshypothesis2 fields · 2 citationsjingle · one word, two constructsproduct3 fields · 3 citationsjingle · one word, three constructs

References

  1. Vernon, R. (1966). International Investment and International Trade in the Product Cycle. The Quarterly Journal of Economics, 80(2), 190. https://doi.org/10.2307/1880689

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