The attached paper, titled “Changes in consumption patterns and innovation: an empirical analysis” was written with the aim of addressing the empirical part of the Task 6.1 of ISIGrowth, which is devoted to study the interactions between innovation, demand generation and aggregate growth. The general goal of Task 6.1 is to investigate the conditions under […]
The patterns of innovation diffusion are well approximated by the logistic curves. This is the robust empirical fact confirmed by many studies in innovations dynamics. Here we show that the logistic pattern of innovation diffusion can be replicated by the time-dependent stochastic process with positive feedbacks along the diffusion trajectory. The dynamic increasing returns process […]
