Impacts of Functionality Development on Dynamism between Learning and Diffusion of Technology

Chihiro Watanabe ()
Additional contact information
Chihiro Watanabe: 2-12-1 W 9-49 Ookayama

Chapter 5 in Managing Innovation in Japan, 2009, pp 81-102 from Springer

Abstract: Abstract Under a long lasting economic stagnation, since significant increase in R&D investment has become difficult, practical solution could be found in systems approach maximizing the effects of innovation as a system by making full utilization of potential resources of innovation. At the same time, under the increasing significance of information technology (IT) in an information society which emerged in the 1990s, functionality development has become crucial for stimulating a self-propagating nature of IT driven innovation. Stimulated by these understandings and prompted by a concept of institutional innovation, this chapter attempts to analyze the interacting dynamism of innovation in a comprehensive and organic system. Theoretical analysis and empirical demonstration are attempted focusing on dynamism between learning and diffusion of technology taking Japan's PV development, which follows the similar trajectory of IT's functionality development, over the last quarter century. The effects of functionality decrease on learning coefficient and consequent impacts on technology diffusion and its dynamic carrying capacity are analyzed. Fear of a vicious cycle between functionality decrease, deterioration of learning, stagnation of technology diffusion and its carrying capacity in long run is demonstrated. Thereby, the significance of institutional dynamism leading to a dynamic interaction between learning, diffusion and spillover of technology is identified. Reprinted from Technovation 24, No. 8, C. Watanabe and B. Asgari, Impacts of Functionality Development on the Dynamism Between Learning and Diffusion of Technology, pages: 651–664, copyright (2004), with permission from Elsevier.

Keywords: Total Factor Productivity; Vicious Cycle; Institutional System; Technology Diffusion; Quarter Century (search for similar items in EconPapers)
Date: 2009
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:spr:sprchp:978-3-540-89272-4_5

Ordering information: This item can be ordered from
http://www.springer.com/9783540892724

DOI: 10.1007/978-3-540-89272-4_5

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().