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Market failure in the diffusion of consumer-developed innovations: Patterns in Finland

Jeroen P.J. de Jong, Eric von Hippel, Fred Gault, Jari Kuusisto, Christina Raasch · 2015 · EUR Research Repository (Erasmus University Rotterdam)

Summary. Consumer-developed innovations in Finland often fail to spread beyond their creators because developers lack incentives to support diffusion when others benefit. The study confirms that market failure prevents socially optimal spread of user innovations. Developers don't invest in sharing products that could help others, even when those innovations have clear value to broader populations.

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Jong, J. P. D., Hippel, E. V., Gault, F., Kuusisto, J., & Raasch, C.. (2015). Market failure in the diffusion of consumer-developed innovations: Patterns in Finland. EUR Research Repository (Erasmus University Rotterdam). https://doi.org/10.1016/j.respol.2015.06.015

Details

DOI
10.1016/j.respol.2015.06.015
Countries
Finland
Regions
Europe
Categories
innovation-theory, entrepreneurship, general-innovation
Added
2026-04-28