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A metric to characterize major innovation sequences and its application in three industrial sectors: from random emergence to waterfall phenomena

  • Kenza El Qaoumi

    ()

    (CGS - Centre de Gestion Scientifique - MINES ParisTech - École nationale supérieure des mines de Paris)

  • Pascal Le Masson

    (CGS - Centre de Gestion Scientifique - MINES ParisTech - École nationale supérieure des mines de Paris)

  • Aytunç Ün

    (CGS - Centre de Gestion Scientifique - MINES ParisTech - École nationale supérieure des mines de Paris)

  • Benoit Weil

    (CGS - Centre de Gestion Scientifique - MINES ParisTech - École nationale supérieure des mines de Paris)

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    Are Major innovations rare or frequent? Is there any relationship between major innovations? Do major innovations occur independently of the others? In order to answer these questions, we build a new tool of measuring major innovations sequences, based on Lancaster's approach to consumer theory. This new tool allows us to characterize major innovation sequences and its application in three industrial sectors (Mobile phone, Iron, Automobile). The main results of our empirical work show that Major Innovations (MI) are not rare and reveal the existence of a relationship - with a chain reaction effect- between successive major innovations. This article treats especially major innovations and it focuses on characterizing the sequences and the increasing rhythm of major innovations.

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    File URL: http://hal-ensmp.archives-ouvertes.fr/docs/00/92/09/84/PDF/El_Qaoumi_Le_Masson_A_n_Weil_2013_IPDM_Paper.pdf
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    Paper provided by HAL in its series Post-Print with number hal-00920984.

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    Date of creation: 23 Jun 2013
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    Publication status: Published - Presented, 20th IPDM 2013, Paris : France (2013), 2013, Paris, France
    Handle: RePEc:hal:journl:hal-00920984
    Note: View the original document on HAL open archive server: http://hal-ensmp.archives-ouvertes.fr/hal-00920984
    Contact details of provider: Web page: https://hal.archives-ouvertes.fr/

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