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What is a disruptive innovation? This study confronts this question here by presenting different approaches, which endeavor to explain the dynamic behavior of disruptive technologies in competitive markets. Firstly, this study introduces destructive technology as a radical innovation, based on...
Persistent link: https://www.econbiz.de/10012840762
Understanding the factors affecting the direction of innovation is a central aim of research in the economics and strategic management of innovation. Progress on this topic has been inhibited by difficulties in measuring the location and movement of innovation in ideas space. To date, most...
Persistent link: https://www.econbiz.de/10012834632
This essay, written for the National Association of Environmental Law Societies' (NAELS) annual meeting, explains how patent law operates generally with an emphasis on how it may impact the environment in particular. In so doing, the essay addresses from a patent perspective some representative...
Persistent link: https://www.econbiz.de/10014089069
After having explored the mental processes around creation of novelty (Part I) as part of human’s adaptive behaviour to environmental change, in this second article about the deep origins of innovation we focus on the transfer of novelty by cultural replication. Applying Dawkins’...
Persistent link: https://www.econbiz.de/10013225102
The foundation for both the neo-Schumpeterian and original institutional economics school of thought is the emphasis on evolutionary processes in economies. The relationship between technology and the social rules and norms that coordinate the behavior of people provides the focus for their...
Persistent link: https://www.econbiz.de/10014230890
Innovation is fundamentally dependent on the support of research technology. Governments and organizations have been spending billions of dollars to develop research technologies such as the Hubble Space Telescope and the Hadron Collider. Yet, our understanding of how specific attributes of...
Persistent link: https://www.econbiz.de/10014255502
After presenting the history, the evolution and the content of innovation surveys, we discuss the characteristics of the data they contain and the challenge they pose to the analyst and the econometrician. We document the two uses that have been made of these data: the construction of...
Persistent link: https://www.econbiz.de/10014025145
We review the econometric literature on measuring the returns to R&D. The theoretical frameworks that have been used are outlined, followed by an extensive discussion of measurement and econometric issues that arise when estimating the models. We then provide a series of tables summarizing the...
Persistent link: https://www.econbiz.de/10014025147
After presenting the history, the evolution and the content of innovation surveys, we discuss the characteristics of the data they contain and the challenge they pose to the analyst and the econometrician. We document the two uses that have been made of these data: the construction of...
Persistent link: https://www.econbiz.de/10013143258
We review the econometric literature on measuring the returns to R&D. The theoretical frameworks that have been used are outlined, followed by an extensive discussion of measurement and econometric issues that arise when estimating the models. We then provide a series of tables summarizing the...
Persistent link: https://www.econbiz.de/10013147095