New-product diffusion models

Vijay Mahajan, Eitan Muller, Frank M. Bass

Research output: Contribution to journalReview articlepeer-review

Abstract

This chapter describes the contributions of management and marketing science literature to the cumulative understanding of the dynamics of innovation diffusion. As a theory of communications, diffusion theory's main focus is on communication channels. Communication channels are the means by which information about an innovation is transmitted to or within the social system. These means consist of both the mass media and interpersonal communication channels. Individual members of a social system have different propensities for relying on mass media or interpersonal channels for seeking information about the innovation. Interpersonal communication, including nonverbal observations, is important influences in determining the speed and shape of the diffusion process in a social system.

Original languageEnglish
Pages (from-to)349-408
Number of pages60
JournalHandbooks in Operations Research and Management Science
Volume5
Issue numberC
DOIs
StatePublished - 1 Jan 1993

Fingerprint

Dive into the research topics of 'New-product diffusion models'. Together they form a unique fingerprint.

Cite this