Customers Can Help to Create New Economic Growth by Demanding New Features and Secondary Qualities

Mats Larsson

Chapter 16 in The Limits of Business Development and Economic Growth, 2004, pp 179-183 from Palgrave Macmillan

Abstract: Abstract The customer takes a central position in the development of all types of new products, features and business practices. All companies in a number of ways monitor their markets and general developments in society to identify new forms of demand that can be satisfied. Customers are often not aware of this, but their purchasing patterns, new political inclinations and interest in new technology are keenly observed by companies that try to implement ‘early warning systems’ and other devices, by which they can spot changes in consumer behaviour and preferences at as early a point as possible.

Keywords: Economic Growth; Hedge Fund; Early Warning System; Time Market; Secondary Quality (search for similar items in EconPapers)
Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-51143-9_17

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DOI: 10.1057/9780230511439_17

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