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Free Innovation$
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Eric von Hippel

Print publication date: 2016

Print ISBN-13: 9780262035217

Published to MIT Press Scholarship Online: September 2017

DOI: 10.7551/mitpress/9780262035217.001.0001

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Overview of Free Innovation

Overview of Free Innovation

Chapter:
(p.1) 1 Overview of Free Innovation
Source:
Free Innovation
Author(s):

Eric von Hippel

Publisher:
The MIT Press
DOI:10.7551/mitpress/9780262035217.003.0001

This chapter introduces the concept of “free innovation,” which entails innovations developed and given away by consumers as a “free good,” with resulting improvements in social welfare. It illustrates how free innovation works within the broader scope of national economic development and how free innovation works vis-à-vis the traditional producer innovation paradigm. The chapter compares and contrasts free innovation and the producer innovation paradigm, in the process illustrating how the creation of a free innovation paradigm can both challenge and complement the traditional producer innovation paradigm. The free innovation paradigm here is meant to guide emerging research into free innovation practices and policies through the use of an underlying unified structure. The chapter then closes with a summary of the free innovation paradigm theory as well as some related concepts.

Keywords:   free innovation, producer innovation, free innovation paradigm theory, household sector, economic development, free innovation paradigm, business sector, consumers, producers

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