Flexible returns and the diffusion of innovation policy
by Stephane Isoard, Antonio Soria
International Journal of Technology Management (IJTM), Vol. 18, No. 5/6/7/8, 1999

Abstract: The process of innovation production exhibits characteristics that may determine their subsequent market diffusion dynamics. Among these, there are several (positive and negative) feedback mechanisms; returns to production scale, to product adoption and to scope (i.e. fostering the joint production of innovative techniques) may prove to be important issues to look at to understand the process of technology substitution. The long-term learning effects, related to cumulative experience in capital production and R&D activities, appear as an important self-reinforcing mechanism as well. The diffusion of new technologies analysis therefore requires that several types of natural monopoly and economic regulation be distinguished according to the prevailing returns patterns. In particular, the occurrence of flexible returns brings into evidence new dynamics of technology diffusion and new dimensions for technological policy actions. An active and balanced technology policy appears advisable to achieve a reasonable degree of technological diversity, that is, to keep options open with respect to the success of a wide range of technologies.

Online publication date: Sun, 06-Jul-2003

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Technology Management (IJTM):
Login with your Inderscience username and password:

Username:        Password:          Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com