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来源类型Working Paper
规范类型报告
DOI10.3386/w26305
来源IDWorking Paper 26305
Risk-Mitigating Technologies: the Case of Radiation Diagnostic Devices
Alberto Galasso; Hong Luo
发表日期2019-09-23
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 can shape the direction of technological progress.
主题Other ; Law and Economics ; Development and Growth ; Innovation and R& ; D
URLhttps://www.nber.org/papers/w26305
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/583977
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Alberto Galasso,Hong Luo. Risk-Mitigating Technologies: the Case of Radiation Diagnostic Devices. 2019.
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