Radical versus non-radical inventions
Schoenmakers, Wilfred, Duysters, Geert and Vanhaverbeke, Wim (2008). Radical versus non-radical inventions. UNU-MERIT.
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Author Schoenmakers, Wilfred
Duysters, Geert
Vanhaverbeke, WimTitle Radical versus non-radical inventions Publication Date 2008 Publisher UNU-MERIT Abstract This paper looks at the special characteristics of radical inventions. It tries to identify those variables that differentiate radical inventions from non-radical inventions. Since radical inventions are very important for the economy as a whole and for the individual firm performances, understanding what makes radical inventions differ from non-radical inventions is very important. For our research we made use of the EPO (European Patent Office) database on patents. We used the number of forward patent citations per patent to identify radical from non-radical inventions. For our analysis we used the backward patent citations per patent. In order to test if the two groups we are considering are truly different and to see on what factors they differ we made use of discriminant function analysis. Some of our main conclusions are that radical inventions are to a higher degree based on existing knowledge than non-radical inventions. Also the combination of emergent and mature knowledge is more important for radical inventions. A further result that follows from our analysis is that radical inventions are induced by the recombination over more knowledge domains as compared to non-radical inventions. Our research hints also on the importance of alliances and an open innovation system for the development of radical inventions. Keyword Radical inventions
Patents
Organizational learning
AlliancesJEL O30
O31
O32
O33
O34
D83Copyright Holder UNU-MERIT Copyright Year 2008 ISSN 1871-9872 -
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