Innovation and market dynamics: A two-mode network approach to user-producer relation
In this paper we propose a new mental representation of how markets, technology and their interaction concur in explaining the why of a certain innovation instead of another. We empirically test this theory in the telecommunication switches industry. We consider innovation as a new alignment of needs and opportunities, where markets and technology are not the sources, but the actors in this alignment process. In order to accomplish this task, we suggest proxies for technological opportunities, market needs, and, at the same time, for interactions of these two elements. We make use of a statistical tool that grasps the matching nature of this interactive phenomenon.
|Date of creation:||06 Jun 2012|
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- Carolina Castaldi & Roberto Fontana & Alessandro Nuvolari, 2006.
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06-02, Eindhoven Center for Innovation Studies, revised Feb 2006.
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- Carolina Castaldi & Roberto Fontana & Alessandro Nuvolari, 2006. "'Chariots of Fire': The Evolution of Tank Technology, 1915-1945," LEM Papers Series 2006/03, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
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SPRU Working Paper Series
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- Roberto Fontana & Marco Guerzoni, 2008. "Incentives and uncertainty: an empirical analysis of the impact of demand on innovation," Cambridge Journal of Economics, Oxford University Press, vol. 32(6), pages 927-946, November.
- Arianna Martinelli, 2011. "An emerging paradigm or just another trajectory? Understanding the nature of technological changes using engineering heuristics in the telecommunications switching industry," LEM Papers Series 2011/05, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
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