Diversity, novelty and satisfactoriness in health innovation

Carlos Bianchi

Journal of Evolutionary Economics, 2019, vol. 29, issue 3, No 10, 1059-1081

Abstract: Abstract How innovations emerge and what path they follow is a central topic in evolutionary economics. This paper contributes to this stream of literature by presenting empirical evidence on health innovation patterns in a small middle-income country. Moreover, it has theoretical implications in terms of understanding the selection process of health-related innovations. A qualitative processual analysis of five case studies in the Uruguayan health innovation system was conducted between 2007 and 2017. The paper analyzes how the diversity degree of the specific domain where innovation emerges determines two basic evaluation criteria of innovation fitness: novelty and satisfactoriness. Moreover, the research shows how market and non-market institutional mechanisms define these criteria. Based on this theoretical framework, results show how different types of innovations have been developed with different degrees of novelty, according to their satisfactoriness for the specific requirements of the Uruguayan health innovation system.

Keywords: Health innovation; Diversity; Novelty; Satisfactoriness; Qualitative research; Small middle-income countries (search for similar items in EconPapers)
JEL-codes: B52 D83 I10 O33 (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (1)

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DOI: 10.1007/s00191-019-00619-w

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