IDEAS home Printed from https://ideas.repec.org/a/oup/indcch/v9y2000i1p143-72.html
   My bibliography  Save this article

Learning in a Science-Driven Market: The Case of Lasers

Author

Listed:
  • Grupp, Hariolf

Abstract

Innovation literature centres more on technical advance and less on scientific change. In this paper the scientific basis comes under specific scrutiny. The empirical part consists of a case study of the laser market and the particularly interesting laser medicine submarket. A new measurement concept known as "technometrics" measures the quality of innovative products from their technological characteristics. It is found that in a knowledge-driven market in which "inventions are in search of a purpose", two stages of market formation can be discerned: a wasteful science-pushed, and a subsequent demand-led period. Pricing of the innovative products can be explained by a few leading characteristics, but certain providers are able to create stable demand from public knowledge with non-optimal price-performance ratios. Copyright 2000 by Oxford University Press.

Suggested Citation

  • Grupp, Hariolf, 2000. "Learning in a Science-Driven Market: The Case of Lasers," Industrial and Corporate Change, Oxford University Press, vol. 9(1), pages 143-172, March.
  • Handle: RePEc:oup:indcch:v:9:y:2000:i:1:p:143-72
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Kudic, Muhamed & Pyka, Andreas & Sunder, Marco, 2013. "Network Formation: R&D Cooperation Propensity and Timing Among German Laser Source Manufacturers," IWH Discussion Papers 9/2013, Halle Institute for Economic Research (IWH).
    2. Guido Buenstorf, 2007. "Evolution on the Shoulders of Giants: Entrepreneurship and Firm Survival in the German Laser Industry," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 30(3), pages 179-202, May.
    3. Norbert Knoll, "undated". "Progress Towards the Knowledge-Based Economy," WIFO Working Papers 161, WIFO.
    4. Muhamed Kudic & Wilfried Ehrenfeld & Toralf Pusch, 2015. "On the trail of core–periphery patterns in innovation networks: measurements and new empirical findings from the German laser industry," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 55(1), pages 187-220, October.
    5. Michael Fritsch & Luis F. Medrano E., 2011. "People, Publications, Patents, and Places: The Early Diffusion of Laser-Research and Laser-Technology in West Germany, 1960- 2005," ERSA conference papers ersa10p1099, European Regional Science Association.
    6. Kudic, Muhamed & Pyka, Andreas & Günther, Jutta, 2012. "Determinants of Evolutionary Change Processes in Innovation Networks – Empirical Evidence from the German Laser Industry," IWH Discussion Papers 7/2012, Halle Institute for Economic Research (IWH).
    7. Buchmann, Tobias & Hain, Daniel & Kudic, Muhamed & Müller, Matthias, 2014. "Exploring the Evolution of Innovation Networks in Science-driven and Scale-intensive Industries: New Evidence from a Stochastic Actor-based Approach," IWH Discussion Papers 1/2014, Halle Institute for Economic Research (IWH).
    8. Mario Coccia & Ugo Finardi, 2013. "Evolutionary growth of knowledge and new technological directions of non-thermal plasma technology in medicine," CERIS Working Paper 201302, Institute for Economic Research on Firms and Growth - Moncalieri (TO) ITALY -NOW- Research Institute on Sustainable Economic Growth - Moncalieri (TO) ITALY.
    9. Kudic, Muhamed & Bönisch, Peter & Dominguez Lacasa, Iciar, 2010. "Analyzing Innovation Drivers in the German Laser Industry: the Role of Positioning in the Social and Geographical Space," IWH Discussion Papers 22/2010, Halle Institute for Economic Research (IWH).
    10. Kudic, Muhamed & Guhr, Katja, 2013. "Cooperation Events, Ego-Network Characteristics and Firm Innovativeness – Empirical Evidence from the German Laser Industry," IWH Discussion Papers 6/2013, Halle Institute for Economic Research (IWH).
    11. Kudic, Muhamed & Ehrenfeld, Wilfried & Pusch, Toralf, 2015. "Isolation and Innovation – Two Contradictory Concepts? Explorative Findings from the German Laser Industry," IWH Discussion Papers 1/2015, Halle Institute for Economic Research (IWH).
    12. Michael Fritsch & Muhamed Kudic, 2016. "Preferential Attachment and Pattern Formation in R&D Networks - Plausible explanation or just a widespread myth?," Jena Economic Research Papers 2016-005, Friedrich-Schiller-University Jena.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oup:indcch:v:9:y:2000:i:1:p:143-72. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Oxford University Press) or (Christopher F. Baum). General contact details of provider: https://academic.oup.com/icc .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.