Free innovation / (Record no. 73486)

000 -LEADER
fixed length control field 04175nam a2200493 i 4500
001 - CONTROL NUMBER
control field 7862442
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20220712204901.0
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 170316s2016 maua ob 001 eng d
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
ISBN 9780262335461
-- electronic
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
-- hardcover
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
-- hardcover
100 1# - AUTHOR NAME
Author Hippel, Eric von,
245 10 - TITLE STATEMENT
Title Free innovation /
300 ## - PHYSICAL DESCRIPTION
Number of Pages 1 PDF (xi, 228 pages) :
505 0# - FORMATTED CONTENTS NOTE
Remark 2 1. Overview of free innovation -- 2. Evidence for free innovation -- 3. Viability zones for free innovation -- 4. Pioneering by free innovators -- 5. Diffusion shortfall in free innovation -- 6. Division of labor between free innovators and producers -- 7. Tightening the loop between free innovators and producers -- 8. The broad scope of free innovation -- 9. Personality traits of successful free innovators -- 10. Preserving free innovators' legal rights -- 11. Next steps for free innovation research and practice -- Appendix 1: Household sector innovation questionnaire -- Appendix 2: Modeling free innovation's impacts on markets and welfare -- References -- Index.
520 3# - SUMMARY, ETC.
Summary, etc "In this book, Eric von Hippel, author of the influential Democratizing Innovation, integrates new theory and research findings into the framework of a "free innovation paradigm." Free innovation, as he defines it, involves innovations developed by consumers who are self-rewarded for their efforts, and who give their designs away "for free." It is an inherently simple grassroots innovation process, unencumbered by compensated transactions and intellectual property rights. Free innovation is already widespread in national economies and is steadily increasing in both scale and scope. Today, tens of millions of consumers are collectively spending tens of billions of dollars annually on innovation development. However, because free innovations are developed during consumers' unpaid, discretionary time and are given away rather than sold, their collective impact and value have until very recently been hidden from view. This has caused researchers, governments, and firms to focus too much on the Schumpeterian idea of innovation as a producer-dominated activity. Free innovation has both advantages and drawbacks. Because free innovators are self-rewarded by such factors as personal utility, learning, and fun, they often pioneer new areas before producers see commercial potential. At the same time, because they give away their innovations, free innovators generally have very little incentive to invest in diffusing what they create, which reduces the social value of their efforts. The best solution, von Hippel and his colleagues argue, is a division of labor between free innovators and producers, enabling each to do what they do best. The result will be both increased producer profits and increased social welfare -- a gain for all."
650 #0 - SUBJECT ADDED ENTRY--SUBJECT 1
General subdivision Economic aspects.
856 42 - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier https://ieeexplore.ieee.org/xpl/bkabstractplus.jsp?bkn=7862442
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Koha item type eBooks
264 #1 -
-- Cambridge, Massachusetts :
-- The MIT Press,
-- [2017]
264 #2 -
-- [Piscataqay, New Jersey] :
-- IEEE Xplore,
-- [2016]
336 ## -
-- text
-- rdacontent
337 ## -
-- electronic
-- isbdmedia
338 ## -
-- online resource
-- rdacarrier
588 ## -
-- Description based on PDF viewed 03/16/2017.
650 #0 - SUBJECT ADDED ENTRY--SUBJECT 1
-- Technological innovations
650 #0 - SUBJECT ADDED ENTRY--SUBJECT 1
-- Inventors.
650 #0 - SUBJECT ADDED ENTRY--SUBJECT 1
-- Innovations.
650 #0 - SUBJECT ADDED ENTRY--SUBJECT 1
-- Economics.
650 #0 - SUBJECT ADDED ENTRY--SUBJECT 1
-- Entrepreneurship.

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