Economics of soft innovation: a review article

Grazia Cecere ()
Additional contact information
Grazia Cecere: IMT-BS - DEFI - Département Droit, Économie et Finances - TEM - Télécom Ecole de Management - IMT - Institut Mines-Télécom [Paris] - IMT-BS - Institut Mines-Télécom Business School - IMT - Institut Mines-Télécom [Paris], ADIS - Analyse des Dynamiques Industrielles et Sociales - UP11 - Université Paris-Sud - Paris 11 - Département d'Economie

Post-Print from HAL

Abstract: This article identifies and articulates the foundations of the theoretical approach of the new book ‘Soft innovation: Economics, product aesthetics and the creative industries' by Professor Paul Stoneman. This book is likely to open a new research area within the economics of innovation. The source of economic growth and prosperity is technological change and the economics of innovation to date has mainly focused on technological approaches to innovation. However, the development of the technological base of product and process can explain only a part of economic growth as soft innovation represents a relevant additional source of economic development that has received little attention so far. The source of a unified economic approach for soft innovation relies on Lancaster's theory of consumer behaviour coupled with the variety approach, innovation in services and the economics of knowledge. It appears as though industry structures favouring the successive emergence of new variants are characterised by soft innovations.

Keywords: Product differentiation; Economics of soft innovation (search for similar items in EconPapers)
Date: 2012-11
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Published in Economics of Innovation and New Technology, 2012, 21 (8), pp.827 - 835. ⟨10.1080/10438599.2012.683944⟩

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-02408657

DOI: 10.1080/10438599.2012.683944

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().