EconPapers    
Economics at your fingertips  
 

The determinants of parallel invention: Measuring the role of information sharing and personal interaction between inventors

Byeongwoo Kang and Rudi Bekkers

No 22-06, IIR Working Paper from Institute of Innovation Research, Hitotsubashi University

Abstract: Historical accounts describe numerous cases of parallel invention. Nowadays, with over half a million inventions yearly that apply for patent protection at the USPTO alone, it is likely that there are a lot of parallel inventions among these. Yet, the mechanisms behind creating similar knowledge remain unstudied. From both a theoretical and practical perspective, it is an interesting question to what degree parallel inventions take place truly independent of each other, or whether they are the result of the exchange of knowledge and ideas between inventors. In our empirical study, we use the unique setting of technical standardization, where it is possible to systematically observe knowledge sharing as well as knowledge exchanges between inventors in detail. This study presents two novel analyses, one focussing on the determinants of similar inventions (using an AI-based approach) and one on the determinants of identical inventions (exploiting data from the patent granting procedure). In both analyses, we find positive and significant effects for knowledge sharing as well as for inventor interaction as determinants. The latter effect is the strongest: if meet in person and discuss their ideas, the likelihood of similar inventions increases up to a factor of approximately five, to up to 2.3 percentage points. Empirically confirming the theoretical work of Amabile (1983, 1988) on knowledge creation at the individual level and that of Nonaka (1994, 2006) on knowledge creation at the organizational level, we reflect on the implications of our findings for companies wishing to increase their inventive efforts.

Keywords: Creativity; Idea twin; Knowledge creation; Patent similarity; Similar knowledge (search for similar items in EconPapers)
JEL-codes: D82 O31 (search for similar items in EconPapers)
Pages: 26 pages
Date: 2022-11
New Economics Papers: this item is included in nep-ino, nep-ipr and nep-knm
Note: November 1st, 2022
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://hermes-ir.lib.hit-u.ac.jp/hermes/ir/re/78434/070iirWP22-06.pdf

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hit:iirwps:22-06

Access Statistics for this paper

More papers in IIR Working Paper from Institute of Innovation Research, Hitotsubashi University Contact information at EDIRC.
Bibliographic data for series maintained by Digital Resources Section, Hitotsubashi University Library ().

 
Page updated 2025-03-19
Handle: RePEc:hit:iirwps:22-06