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Killer Technologies: the destructive creation in the technical change

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  • Mario Coccia

Abstract

Killer technology is a radical innovation, based on new products and/or processes, that with high technical and/or economic performance destroys the usage value of established techniques previously sold and used. Killer technology is a new concept in economics of innovation that may be useful for bringing a new perspective to explain and generalize the behavior and characteristics of innovations that generate a destructive creation for sustaining technical change. To explore the behavior of killer technologies, a simple model is proposed to analyze and predict how killer technologies destroy and substitute established technologies. Empirical evidence of this theoretical framework is based on historical data on the evolution of some example technologies. Theoretical framework and empirical evidence hint at general properties of the behavior of killer technologies to explain corporate, industrial, economic and social change and to support best practices for technology management of firms and innovation policy of nations. Overall, then, the proposed theoretical framework can lay a foundation for the development of more sophisticated concepts to explain the behavior of vital technologies that generate technological and industrial change in society.

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  • Mario Coccia, 2019. "Killer Technologies: the destructive creation in the technical change," Papers 1907.12406, arXiv.org.
    • Handle: RePEc:arx:papers:1907.12406
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    References listed on IDEAS

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    1. Coccia, Mario, 2014. "Driving forces of technological change: The relation between population growth and technological innovation," Technological Forecasting and Social Change, Elsevier, vol. 82(C), pages 52-65.
    2. David J. Teece & Gary Pisano & Amy Shuen, 1997. "Dynamic capabilities and strategic management," Strategic Management Journal, Wiley Blackwell, vol. 18(7), pages 509-533, August.
    3. Berg, S. & Wustmans, M. & Bröring, S., 2019. "Identifying first signals of emerging dominance in a technological innovation system: A novel approach based on patents," Technological Forecasting and Social Change, Elsevier, vol. 146(C), pages 706-722.
    4. Rosenberg, Nathan, 1976. "On Technological Expectations," Economic Journal, Royal Economic Society, vol. 86(343), pages 523-535, September.
    5. Cavallo, Eugenio & Ferrari, Ester & Bollani, Luigi & Coccia, Mario, 2014. "Attitudes and behaviour of adopters of technological innovations in agricultural tractors: A case study in Italian agricultural system," Agricultural Systems, Elsevier, vol. 130(C), pages 44-54.
    6. Coccia, Mario, 2015. "General sources of general purpose technologies in complex societies: Theory of global leadership-driven innovation, warfare and human development," Technology in Society, Elsevier, vol. 42(C), pages 199-226.
    7. Giuseppe Calabrese & Mario Coccia & Secondo Rolfo, 2005. "Strategy and market management of new product development and incremental innovation: evidence from Italian SMEs," International Journal of Product Development, Inderscience Enterprises Ltd, vol. 2(1/2), pages 170-189.
    8. Coccia, Mario, 2014. "Socio-cultural origins of the patterns of technological innovation: What is the likely interaction among religious culture, religious plurality and innovation? Towards a theory of socio-cultural drive," Technology in Society, Elsevier, vol. 36(C), pages 13-25.
    9. Pistorius, C. W. I. & Utterback, J. M., 1997. "Multi-mode interaction among technologies," Research Policy, Elsevier, vol. 26(1), pages 67-84, March.
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