Construct · 1 fields · 1 citations

quality ladders: a standalone construct

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

● anchor · a standalone construct Nearest construct by meaning·not indexed
qualityladders1 CONSTRUCTQuality laddersGROSSMAN · ECONOMICS OF

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Economics of innovation and growth

a growth model in which firms race to improve the quality of existing products, each innovation replacing the last on a ladder of quality.

In economics of innovation and growth, quality ladders refers to a growth model in which firms race to improve the quality of existing products, each innovation replacing the last on a ladder of quality. This meaning comes from Grossman (1991) in The Review of Economic Studies.[1]

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Nearby constructs

growth4 fields · 4 citationsjingle · one word, four constructsinnovation6 fields · 11 citationsjingle · one name, six constructsladder2 fields · 4 citationsjingle · one word, two constructs

References

  1. Grossman, G. M., & Helpman, E. (1991). Quality Ladders in the Theory of Growth. The Review of Economic Studies, 58(1), 43. https://doi.org/10.2307/2298044

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