Personification of Needs as a Landmark for Creating Future Goods

Andrey Tyulin and Alexander Chursin
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Andrey Tyulin: RUDN University
Alexander Chursin: RUDN University

Chapter Chapter 3 in The New Economy of the Product Life Cycle, 2020, pp 89-136 from Springer

Abstract: Abstract As economy grows dynamically, industrial, managerial, and other technologies, as well as public needs, have to change and stimulate each other. In other words, new one-of-a-kind technologies, which appear as part of innovative development (some discovered unexpectedly), stimulate new needs and thus create demand. However, the evolving public needs should stimulate nonstop technological progress and creation of new types of goods and services, which can satisfy them.

Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-37814-1_3

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DOI: 10.1007/978-3-030-37814-1_3

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