Ed Mansfield and the Diffusion of Innovation: An Evolutionary Connection

J. S. Metcalfe ()
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J. S. Metcalfe: University of Manchester

A chapter in Essays in Honor of Edwin Mansfield, 2005, pp 259-269 from Springer

Abstract: Abstract The analysis of the diffusion of innovation was a central theme in Ed Mansfield’s work over many years. In this essay I summarise his analysis of logistic diffusion processes and relate his work to earlier studies of industrial retardation and subsequent work on evolutionary economic processes. A distinction has to be drawn between the logistic law and the logistic curve, the latter being only one instantiation of the more general law which is itself a signature of evolutionary selection processes within a population of rival innovations.

Keywords: innovation diffusion; logistic law; evolutionary process (search for similar items in EconPapers)
Date: 2005
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-0-387-25022-9_20

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DOI: 10.1007/0-387-25022-0_20

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