"From the Laboratory to the Consumer: Innovation, Supply Chain, and Adoption with Applications to Natural Resources"

June 22, 2022

The paper analyzes the transition from innovative ideas to final marketed products. In a modern society, the design of the supply chain leads to the establishment of markets or other institutions and determines their structures and their basic economics. The authors argue for multidisciplinary research incorporating knowledge from economics, business, and engineering to better understand the evolution of innovative companies and supply chains. Understanding the economics of supply chains is crucial to policy design.