Michael A. Carrier
- Published in print:
- 2009
- Published Online:
- May 2009
- ISBN:
- 9780195342581
- eISBN:
- 9780199867035
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780195342581.003.0001
- Subject:
- Law, Intellectual Property, IT, and Media Law
This chapter focuses on innovation. It begins by defining innovation and describing its stages and subjects. It then examines factors that affect innovation such as government funding, education, and ...
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This chapter focuses on innovation. It begins by defining innovation and describing its stages and subjects. It then examines factors that affect innovation such as government funding, education, and tax policy. It offers examples of innovation, reveals different types, and highlights the difficulties of measuring it. The chapter concludes by surveying the literature that explores the link between innovation and economic growth.Less
This chapter focuses on innovation. It begins by defining innovation and describing its stages and subjects. It then examines factors that affect innovation such as government funding, education, and tax policy. It offers examples of innovation, reveals different types, and highlights the difficulties of measuring it. The chapter concludes by surveying the literature that explores the link between innovation and economic growth.
Joshua Gans
- Published in print:
- 2016
- Published Online:
- September 2016
- ISBN:
- 9780262034487
- eISBN:
- 9780262333832
- Item type:
- chapter
- Publisher:
- The MIT Press
- DOI:
- 10.7551/mitpress/9780262034487.003.0003
- Subject:
- Business and Management, Innovation
This chapter demonstrates that there are in fact two fully articulated theories of disruption. Interestingly, both originated with Harvard Ph.D. students in the early 1990s who eventually became ...
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This chapter demonstrates that there are in fact two fully articulated theories of disruption. Interestingly, both originated with Harvard Ph.D. students in the early 1990s who eventually became famed Harvard Business School professors: Rebecca Henderson and Clay Christensen. Both are extremely relevant but one has obviously been neglected in discussions among practitioners and the business academy.Less
This chapter demonstrates that there are in fact two fully articulated theories of disruption. Interestingly, both originated with Harvard Ph.D. students in the early 1990s who eventually became famed Harvard Business School professors: Rebecca Henderson and Clay Christensen. Both are extremely relevant but one has obviously been neglected in discussions among practitioners and the business academy.
William B. Bonvillian and Charles Weiss
- Published in print:
- 2015
- Published Online:
- August 2015
- ISBN:
- 9780199374519
- eISBN:
- 9780199374540
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199374519.003.0002
- Subject:
- Economics and Finance, Microeconomics
Disruption-resistant legacy sectors are characterized by stable, well-defended technological/economic/political/social paradigms that lock in compatible technology and resist fundamental change. ...
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Disruption-resistant legacy sectors are characterized by stable, well-defended technological/economic/political/social paradigms that lock in compatible technology and resist fundamental change. These paradigms provide the structure into which any innovation must be introduced. Innovations that reinforce these paradigms sustain US comparative advantage in pharmaceuticals, fossil fuels, agriculture, the military, and aerospace. But for innovations that do not slot readily into a given paradigm—for example, renewable energy and sustainable agriculture—these paradigms inhibit investment in innovation at every stage from research to market introduction. The image of “driving covered wagons east” captures the difficulties of introducing innovations into legacy sectors. Yet the social, economic, and environmental benefits of technological revolutions justify public intervention to speed paradigm-incompatible technical change. Since many of the obstacles to innovation in these sectors lie in market launch, policymakers need to go beyond support to research and development—the traditional focus of American science and technology policy—and examine the entire innovation process.Less
Disruption-resistant legacy sectors are characterized by stable, well-defended technological/economic/political/social paradigms that lock in compatible technology and resist fundamental change. These paradigms provide the structure into which any innovation must be introduced. Innovations that reinforce these paradigms sustain US comparative advantage in pharmaceuticals, fossil fuels, agriculture, the military, and aerospace. But for innovations that do not slot readily into a given paradigm—for example, renewable energy and sustainable agriculture—these paradigms inhibit investment in innovation at every stage from research to market introduction. The image of “driving covered wagons east” captures the difficulties of introducing innovations into legacy sectors. Yet the social, economic, and environmental benefits of technological revolutions justify public intervention to speed paradigm-incompatible technical change. Since many of the obstacles to innovation in these sectors lie in market launch, policymakers need to go beyond support to research and development—the traditional focus of American science and technology policy—and examine the entire innovation process.
