A metric to characterize major innovation sequences and its application in three industrial sectors: from random emergence to waterfall phenomena

Kenza El Qaoumi (), Pascal Le Masson (), Aytunç Ün and Benoit Weil ()
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Kenza El Qaoumi: CGS i3 - Centre de Gestion Scientifique i3 - Mines Paris - PSL (École nationale supérieure des mines de Paris) - PSL - Université Paris Sciences et Lettres - I3 - Institut interdisciplinaire de l’innovation - CNRS - Centre National de la Recherche Scientifique
Pascal Le Masson: CGS i3 - Centre de Gestion Scientifique i3 - Mines Paris - PSL (École nationale supérieure des mines de Paris) - PSL - Université Paris Sciences et Lettres - I3 - Institut interdisciplinaire de l’innovation - CNRS - Centre National de la Recherche Scientifique
Aytunç Ün: CGS i3 - Centre de Gestion Scientifique i3 - Mines Paris - PSL (École nationale supérieure des mines de Paris) - PSL - Université Paris Sciences et Lettres - I3 - Institut interdisciplinaire de l’innovation - CNRS - Centre National de la Recherche Scientifique
Benoit Weil: CGS i3 - Centre de Gestion Scientifique i3 - Mines Paris - PSL (École nationale supérieure des mines de Paris) - PSL - Université Paris Sciences et Lettres - I3 - Institut interdisciplinaire de l’innovation - CNRS - Centre National de la Recherche Scientifique

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Abstract: Are Major innovations rare or frequent? Is there any relationship between major innovations? Do major innovations occur independently of the others? In order to answer these questions, we build a new tool of measuring major innovations sequences, based on Lancaster's approach to consumer theory. This new tool allows us to characterize major innovation sequences and its application in three industrial sectors (Mobile phone, Iron, Automobile). The main results of our empirical work show that Major Innovations (MI) are not rare and reveal the existence of a relationship - with a chain reaction effect- between successive major innovations. This article treats especially major innovations and it focuses on characterizing the sequences and the increasing rhythm of major innovations.

Keywords: Major Innovation; Metric; Learning Effect (search for similar items in EconPapers)
Date: 2013-06-23
New Economics Papers: this item is included in nep-ino and nep-knm
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Published in 20th IPDM 2013, Paris : France (2013), Jun 2013, Paris, France

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-00920984

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