What is the relationship between sociotechnical transition and disruptive innovations?

Yorgos D. Marinakis, Steven T. Walsh and Reilly White

Technological Forecasting and Social Change, 2024, vol. 199, issue C

Abstract: Sociotechnical transitions are milestones for the impacts of innovations on civilization. What is the relationship between sociotechnical transition and disruptive innovations? A relationship between sociotechnical transitions and disruptive innovation is suggested by the similarity of figures depicting product replacements during sociotechnical transitions as compared to figures illustrating disruptive innovations. Yet Christensen's disruptive innovation framework has been criticized as inadequate for studying sociotechnical transitions. If we cannot use the disruptive innovation framework to investigate sociotechnical transition, there is cause for concern.

Keywords: Disruptive innovation; Sociotechnical transition; Financial innovation; Technology systems and projects (search for similar items in EconPapers)
Date: 2024
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:tefoso:v:199:y:2024:i:c:s0040162523007667

DOI: 10.1016/j.techfore.2023.123081

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