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Sequencing ideas into innovations through pure thought

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  • Goorha, Prateek

Abstract

I propose a model for sequencing ideas into innovations where there are two types of ideas. Primitive ideas are of a more basic nature, but are necessary before higher ideas can be attempted. Thus the model assumes a pyramidal structure driven by two factors: the resources available and the extent to which primitive ideas are completed. The model enables focusing on an essential aspect of innovation — as a process based purely on thoughtful sequencing of ideas. I also examine the notion of targeting a feasible innovation within finite time.

Suggested Citation

  • Goorha, Prateek, 2015. "Sequencing ideas into innovations through pure thought," Economics Letters, Elsevier, vol. 136(C), pages 201-203.
    • Handle: RePEc:eee:ecolet:v:136:y:2015:i:c:p:201-203
    DOI: 10.1016/j.econlet.2015.09.037
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    References listed on IDEAS

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    1. Martin L. Weitzman, 1998. "Recombinant Growth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 113(2), pages 331-360.
    2. Auerswald, Philip & Kauffman, Stuart & Lobo, Jose & Shell, Karl, 2000. "The production recipes approach to modeling technological innovation: An application to learning by doing," Journal of Economic Dynamics and Control, Elsevier, vol. 24(3), pages 389-450, March.
    3. Ghiglino, Christian & Tabasso, Nicole, 2015. "The dynamics of innovations and citations," Economics Letters, Elsevier, vol. 131(C), pages 94-97.
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    Cited by:

    1. Goorha, Prateek, 2016. "A note on innovations from subjective ideas maps," Economics Discussion Papers 2016-15, Kiel Institute for the World Economy (IfW Kiel).

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    More about this item

    Keywords

    Ideas; Innovation; Thought;
    All these keywords.

    JEL classification:

    • D8 - Microeconomics - - Information, Knowledge, and Uncertainty

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