The hunt for S-shaped growth paths in technological innovation: a patent study*
Birgitte Andersen ()
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Birgitte Andersen: ESRC Centre for Research on Innovation and Competition , The University of Manchester, Tom Lupton Suite, University Precinct Centre, Oxford Road, Manchester, M13 9QH, UK
Journal of Evolutionary Economics, 1999, vol. 9, issue 4, 487-526
Abstract:
Since the works by the business cycle theorists in the 1930s, no attempts have been made to study empirically the long term evolution paths of individual technologies starting with long time series. This is an empirical exploration and confirmation of the now almost assumed image or metaphor of the way technology develops; that it follows an S-shaped growth path which is commonly associated with a similar shaped diffusion function of entrepreneurial activity. The paper also confirms the diversity of technology dynamics and explores how technological cycle takeoffs appear to be clustered within certain historical epochs. The results have implications for our understanding of the evolution paths of individual technologies, and of the evolution of technological systems and waves of innovation.
Keywords: Schumpeterian; perspectives; -; Innovation; cycles; -; Logistic; biological; growth; -; Patents; -; Diversity; of; technology; dynamics; and; clusters (search for similar items in EconPapers)
JEL-codes: O30 O31 P49 (search for similar items in EconPapers)
Date: 1999-12-01
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Citations: View citations in EconPapers (45)
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