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Author:Cornish, S.
Title:Product innovation and the spatial dynamics of market intelligence: does proximity to markets matter?
Journal:Economic Geography
1997 : APR, VOL. 73:2, p. 143-165
Index terms:ECONOMIC GEOGRAPHY
INNOVATION
SPATIAL ECONOMICS
Language:eng
Abstract:The expanding literature on the contribution of producer services to production and new product development makes it clear that information about markets, or market intelligence (MI), is a critical input to product innovation. At the same time, research on user-producer interaction suggests that as distance between producers and users increases, the amount of information exchanged tends to decline because opportunities for face-to-face conduct diminish. The implication is that firms in peripheral locations and countries with small domestic markets may have difficulty generating sufficient MI to develop successful products.
SCIMA record nr: 161137
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