The Anatomy of the Product-Innovation Process: Cost and Time

Edwin Mansfield, John Rapoport, Jerome Schnee, Samuel Wagner and Michael Hamburger
Additional contact information
Edwin Mansfield: University of Pennsylvania
John Rapoport: Mount Holyoke College
Jerome Schnee: Columbia University
Samuel Wagner: Temple University
Michael Hamburger: Federal Reserve Bank of New York

Chapter 6 in Research and Innovation in the Modern Corporation, 1971, pp 110-135 from Palgrave Macmillan

Abstract: Abstract In this chapter, we study the anatomy of the product-innovation process. Exactly what is involved in product innovation? What is the cost of the various activities that must be undertaken to develop a new product and introduce it to the market? How long do these activities take? To what extent can the time required to get the product to market be reduced by increasing the cost of the project? These questions are extremely important to economists and others. Yet the truth is that, except for a few areas, we have little or no information bearing on them.

Keywords: Product Group; Innovation Process; Product Innovation; Innovative Activity; Manufacturing Facility (search for similar items in EconPapers)
Date: 1971
References: Add references at CitEc
Citations: View citations in EconPapers (6)

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:pal:palchp:978-1-349-01639-6_6

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349016396

DOI: 10.1007/978-1-349-01639-6_6

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().