Title | ||
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Unveiling the breakthrough potential of established technologies: an empirical investigation in the aerospace industry. |
Abstract | ||
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The present article sheds new light on the role of established technologies as a driving force behind technological evolution, hence unveiling their breakthrough potential. Specifically, going against the conventional wisdom that only nascent technologies significantly shape future technological developments, we examine the likelihood that established technologies have to become breakthrough solutions. Furthermore, we also analyse if and how the breadth of knowledge base characterising those inventions influences this probability. Based on a sample of 21,000 patents belonging to the aerospace industry granted at the United States Patent and Trademark Office (USPTO), our results reveal that established technologies have an inverted U-shaped effect on the likelihood of becoming breakthroughs, and that such relationship is negatively influenced by a wide knowledge breadth. |
Year | DOI | Venue |
---|---|---|
2016 | 10.1080/09537325.2016.1180356 | TECHNOLOGY ANALYSIS & STRATEGIC MANAGEMENT |
Keywords | Field | DocType |
Established technologies,breakthrough technologies,knowledge breadth,technological evolution,aerospace | Aerospace,Economics,Technological evolution,Knowledge management,Trademark,Conventional wisdom,Knowledge base | Journal |
Volume | Issue | ISSN |
28.0 | 8 | 0953-7325 |
Citations | PageRank | References |
3 | 0.64 | 8 |
Authors | ||
3 |
Name | Order | Citations | PageRank |
---|---|---|---|
Lorenzo Ardito | 1 | 4 | 0.99 |
Antonio Messeni Petruzzelli | 2 | 80 | 11.87 |
Umberto Panniello | 3 | 180 | 12.05 |