| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP13682 |
| DP13682 Risk-Mitigating Technologies: the Case of Radiation Diagnostic Devices | |
| Alberto Galasso; Hong Luo | |
| 发表日期 | 2019-04-18 |
| 出版年 | 2019 |
| 语种 | 英语 |
| 摘要 | We study the impact of consumers' risk perception on firm innovation. Our analysis exploits a major surge in the perceived risk of radiation diagnostic devices, following extensive media coverage of a set of over-radiation accidents involving CT scanners in late 2009. Difference-in-differences regressions using data on patents and FDA product clearances show that the increased perception of radiation risk spurred the development of new technologies that mitigated such risk and led to a greater number of new products. We provide qualitative evidence and describe patterns of equipment usage and upgrade that are consistent with this mechanism. Our analysis suggests that changes in risk perception can be an important driver of innovation and shape the direction of technological progress. |
| 主题 | Industrial Organization |
| 关键词 | Risk perception Innovation Medical devices Product liabilities |
| URL | https://cepr.org/publications/dp13682 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/542541 |
| 推荐引用方式 GB/T 7714 | Alberto Galasso,Hong Luo. DP13682 Risk-Mitigating Technologies: the Case of Radiation Diagnostic Devices. 2019. |
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