From the laboratory to the consumer: Innovation, supply chain, and adoption with applications to natural resources
David Zilberman (),
Liang Lu and
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Jed Silver: a Department of Agricultural and Resource Economics, University of California, Berkeley, CA 94720;
Proceedings of the National Academy of Sciences, 2022, vol. 119, issue 23, e2115880119
Research on innovation has two strands: institutions undertaking innovation as a research and development process and companies commercializing innovative products. We combine these strands, analyzing a sequence going from an innovation supply chain to a product supply chain from laboratory to market. We argue that these supply chains are symbiotic, and the relationship between entities is affected by economic considerations. Our framework allows an understanding of how research, regulatory policies, and economic conditions affect the emergence of innovations, the creation of institutions (markets, firms, contracts) to carry out these innovations, and the diffusion of the resulting products. Our approach may improve the design of strategies to induce climate change and food security solutions.
Keywords: adoption; supply chain; marketing; innovation; policy (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:nas:journl:v:119:y:2022:p:e2115880119
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