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Demand as a Driving Force in Medical Innovation

Published online by Cambridge University Press:  10 March 2009

Peter Lotz
Affiliation:
Copenhagen Business School

Abstract

On the basis of two case histories of medical device innovation, two aspects of demand are identified: (a) the prospect of new markets and (b) information about user needs. Conditions for direct interaction between the user and producer in the innovation process are identified. The article concludes with some normative implications for the publicly designed generation of new medical technology.

Type
Special Section: Industry and the Generation of Technology
Copyright
Copyright © Cambridge University Press 1993

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