Welfare Implications of User Innovation
By Joachim Henkel, Eric von Hippel. 2004
214 citations recorded by the source corpus.
Innovation by users is now understood to be an important part of innovative activity in the economy. In this paper we explore the implications of adding innovation by users to existing models of social welfare that currently assume innovation by manufacturers only. We find this addition removes several inefficiencies, and that social welfare is likely to be increased by the presence of user innovation. Implications for policies that can impact users' freedom to innovate are discussed.
Subfields: Computer Science Applications, Management of Technology and Innovation, Strategy and Management
View Paper: https://www.semanticscholar.org/paper/fdc858eb17e0bcd530da663a77481ce28da648a6
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Computer Science Applications
- Frank T. Piller
- Dominik Walcher
- Joachim Henkel
- Marcel Bogers
- Ammon J. Salter
- Anna Shaojie Cui
- Fang Wu
- Marion K. Poetz
In Management of Technology and Innovation
In Strategy and Management
- Frank T. Piller
- Dominik Walcher
- Joachim Henkel
- Marcel Bogers
- Ammon J. Salter
- Georgvon Krogh
- Anna Shaojie Cui
- Fang Wu
Citations in the corpus
- Reducing the risks of new product development (2006, background): “The use of collective customer commitment can be particularly effective for two types of situations: (1) testing really innovative products for which little customer experience exists and thus market research is fuzzy, and (2) developing products for relatively small and very heterogeneous market se”
- Selective revealing in open innovation processes: the case of embedded Linux (gekürzte Version) (2006, background): “Open innovation processes as observed in the field of embedded Linux carry a considerable potential for efficiency gains (Foray 2004, Henkel and von Hippel 2005), in a similar way as open science supports the accumulation of knowledge (David 2005).”
- Toolkits for Idea Competitions: A Novel Method to Integrate Users in New Product Development (2006, background): “But although sometimes enormous amounts are spend for market research, new product success is often the exception rather than the rule (cid:1) even if highly sophisticated conjoint measurements or concept testing are performed (Henkel and von Hippel, 2005).”