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Which firms are more likely to invent technological breakthroughs, such as Hewlett-Packard's invention of the thermal ink-jet? I induct theory for this question by interpreting the history of the breakthrough as a recombinant and boundedly rational search process. The firm increased its odds of...
Persistent link: https://www.econbiz.de/10005035367
Innovation literature centres more on technical advance and less on scientific change. In this paper the scientific basis comes under specific scrutiny. The empirical part consists of a case study of the laser market and the particularly interesting laser medicine submarket. A new measurement...
Persistent link: https://www.econbiz.de/10005582975
This article focuses on endogeneity between technological change and orientation toward foreign markets of the Global R&D leader (RDL) firms. Building on our econometric results, we develop an idiosyncratic Demand Pull and Technology Push operational mode of the RDL firms. In this framework, the...
Persistent link: https://www.econbiz.de/10010568051
The special issue is introduced and contextualised. “Technological paradigms” emerged as “science push” models of innovation were being displaced by “demand pull” models that justified a more international, market-focussed political economy. Technological paradigms help explain the...
Persistent link: https://www.econbiz.de/10005568563