December 27, 2024
Similar papers 2
July 19, 2016
Innovation is to organizations what evolution is to organisms: it is how organisations adapt to changes in the environment and improve. Governments, institutions and firms that innovate are more likely to prosper and stand the test of time; those that fail to do so fall behind their competitors and succumb to market and environmental change. Yet despite steady advances in our understanding of evolution, what drives innovation remains elusive. On the one hand, organizations in...
July 31, 2023
Which technological linkages affect the sector's ability to innovate? How do these effects transmit through the technology space? This paper answers these two key questions using novel methods of text mining and network analysis. We examine technological interdependence across sectors over a period of half a century (from 1976 to 2021) by analyzing the text of 6.5 million patents granted by the United States Patent and Trademark Office (USPTO), and applying network analysis t...
July 19, 2021
The development of inventions is theorized as a process of searching and recombining existing knowledge components. Previous studies under this theory have examined myriad characteristics of recombined knowledge and their performance implications. One feature that has received much attention is technological knowledge age. Yet, little is known about how the age of scientific knowledge influences the impact of inventions, despite the widely known catalyzing role of science in ...
April 30, 2017
The relationship of scientific knowledge development to technological development is widely recognized as one of the most important and complex aspects of technological evolution. This paper adds to our understanding of the relationship through use of a more rigorous structure for differentiating among technologies based upon technological domains (defined as consisting of the artifacts over time that fulfill a specific generic function using a specific body of technical know...
June 22, 2017
The purpose of this study is to investigate the structure and evolution of knowledge spillovers across technological domains. Specifically, dynamic patterns of knowledge flow among 29 technological domains, measured by patent citations for eight distinct periods, are identified and link prediction is tested for capability for forecasting the evolution in these cross-domain patent networks. The overall success of the predictions using the Katz metric implies that there is a te...
December 6, 2019
Despite our familiarity with specific technologies, the origin of new technologies remains mysterious. Are new technologies made from scratch, or are they built up recursively from new combinations of existing technologies? To answer this, we introduce a simple model of recursive innovation in which technologies are made up of components and combinations of components can be turned into new components---a process we call technological recursion. We derive a formula for the ex...
November 30, 2020
Technological cumulativeness is considered one of the main mechanisms for technological progress, yet its exact meaning and dynamics often remain unclear. To develop a better understanding of this mechanism we approach a technology as a body of knowledge consisting of interlinked inventions. Technological cumulativeness can then be understood as the extent to which inventions build on other inventions within that same body of knowledge. The cumulativeness of a technology is t...
October 21, 2021
Technology is essential to innovation and economic prosperity. Understanding technological changes can guide innovators to find new directions of design innovation and thus make breakthroughs. In this work, we construct a technology fitness landscape via deep neural embeddings of patent data. The landscape consists of 1,757 technology domains and their respective improvement rates. In the landscape, we found a high hill related to information and communication technologies (I...
June 4, 2022
Theories of innovation emphasize the role of social networks and teams as facilitators of breakthrough discoveries. Around the world, scientists and inventors today are more plentiful and interconnected than ever before. But while there are more people making discoveries, and more ideas that can be reconfigured in novel ways, research suggests that new ideas are getting harder to find-contradicting recombinant growth theory. In this paper, we shed new light on this apparent p...
February 26, 2024
Over the past century, the purpose of scientific practices has undergone a profound transformation, from an intellectual pursuit to a problem-solving enterprise, leading to an increasing risk of path dependency in scientific endeavors. Our research, analyzing 41 million research articles from the past six decades, emphasizes the concern of science lock-in by identifying and measuring two types of innovations in science: complementary and substitutive. Over the past six decade...