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Inventing the House by Charles T. Koebel, Dong Zhao, Andrew P. McCoy, Andrew R. Sanderford

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Chapter 2

The Adoption and Diffusion of Innovation in Housing and Home Building

Andrew R. Sanderford, Andrew P. McCoy, and Charles T. Koebel

2.1 Introduction

In People, Policies, and Programs Influencing Innovation in Housing, Koebel observed that, “businesses, consumers, industry groups and governments understand the importance of innovation for continued economic success and improvements in quality of life” (McCoy et al. 2015b). Koebel’s statement illustrates, much in the way one would have predicted following a read of Schumpeter’s work, how innovation has become a zeitgeist—influencing all manner of goods, services, and policies. Koebel goes on to argue that while recognizing the importance of innovation, these same stakeholders also wish ...

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