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Serendipity: Towards a taxonomy and a theory

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  • Yaqub, Ohid

Abstract

Serendipity, the notion of researchers making unexpected and beneficial discoveries, has played an important role in debates about the feasibility and desirability of targeting public R&D investments. The purpose of this paper is to show that serendipity can come in different forms and come about in a variety of ways. The archives of Robert K Merton, who introduced the term to the social sciences, were used as a starting point for gathering literature and examples. I identify four types of serendipity (Walpolian, Mertonian, Bushian, Stephanian) together with four mechanisms of serendipity (Theory-led, Observer-led, Error-borne, Network-emergent). I also discuss implications of the different types and mechanisms for theory and policy.

Suggested Citation

  • Yaqub, Ohid, 2018. "Serendipity: Towards a taxonomy and a theory," Research Policy, Elsevier, vol. 47(1), pages 169-179.
  • Handle: RePEc:eee:respol:v:47:y:2018:i:1:p:169-179
    DOI: 10.1016/j.respol.2017.10.007
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    More about this item

    Keywords

    Serendipity; Uncertainty; Research policy; Science policy; Technology policy; Innovation management;
    All these keywords.

    JEL classification:

    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • D80 - Microeconomics - - Information, Knowledge, and Uncertainty - - - General

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