Work

Diffusion policy as a remedy to the knowledge market failure

Year: 2026

Type: article

Abstract: The paper provides the basic elements to understand why and how diffusion policies can be an effective tool of science and technology policy. The framework of the derived demand of technological (DDT) knowledge enables us to appreciate the positive effects of diffusion policies to remedy the market failure triggered by its limited appropriability. The implementation of adoption policies in downstream markets helps contrast the negative effects of the limited transferability of knowledge, fostering the shift of the demand of new goods and consequently of the upstream DDT knowledge with positive effects on both its price and quantities.

Source: Annals of Science and Technology Policy

DOI: 10.1108/astp-02-2026-0104

Author: Cristiano Antonelli

Institution: University of Turin

Language: English

Topic: Innovation Diffusion and Forecasting

Subfield: Management Science and Operations Research

Field: Decision Sciences

Domain: Social Sciences

SDG: Industry, innovation and infrastructure

Open Access status: diamond

OpenAlex ID: W7170622787

FWCI:

Cites: 27

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