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General Purpose Technology, Spin-Out, and Innovation - Hiroshi Shimizu

General Purpose Technology, Spin-Out, and Innovation (eBook)

Technological Development of Laser Diodes in the United States and Japan

(Autor)

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2019 | 1st ed. 2019
XIX, 312 Seiten
Springer Singapore (Verlag)
978-981-13-3714-7 (ISBN)
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This book focuses on exploring the relationship between spin-outs from incumbents and the patterns of innovation in general purpose technology. Do spin-outs really promote innovation? What happens if star scientists leave the incumbents and establish a startup to target untapped markets? Entrepreneurial spin-outs have been recognized as an engine of innovation. General purpose technology, such as the steam engine in the Industrial Revolution, has been considered an engine of growth. This book provides new perspectives on how entrepreneurial spin-outs shape the patterns of innovation in general purpose technology by integrating theoretical findings in industrial organizations and includes innovation studies and detailed evidence from a longitudinal case study. Concretely, by longitudinally exploring the technological development of laser diodes in the USA and Japan, this study examines how the existence or absence of an entrepreneurial strategic choice for spin-outs influences the patterns of subsequent technological development. The longitudinal analysis in this book shows that spin-outs could hinder the subsequent development of existing technology when that technology is still at a nascent level, because the cumulative effects of technological development could disappear if research and development personnel leave their parent firms in order to target different sub-markets. The findings of this book show that institutional settings designed to promote spin-outs do not necessarily promote innovation. The book offers novel theoretical insights into the relationship between institutions promoting spin-outs and the developments of general purpose technology.



Hiroshi Shimizu is a Professor of Institute of Innovation Research, Hitotsubashi University, Graduate School of Business and Administration. He received Ph.D. from London School of Economics and Political Science in 2007. After postdoctoral work at Technische Universiteit Eindhoven in 2007-2008, he joined Hitotsubashi University, Institute of Innovation Research in 2008. His research interests include, Employee Startups, General Purpose Technology, Innovation Patterns, and Competitive Strategy. He has published in journals including Research Policy, Business History Review, and Journal of Evolutionary Economics


This book focuses on exploring the relationship between spin-outs from incumbents and the patterns of innovation in general purpose technology. Do spin-outs really promote innovation? What happens if star scientists leave the incumbents and establish a startup to target untapped markets? Entrepreneurial spin-outs have been recognized as an engine of innovation. General purpose technology, such as the steam engine in the Industrial Revolution, has been considered an engine of growth. This book provides new perspectives on how entrepreneurial spin-outs shape the patterns of innovation in general purpose technology by integrating theoretical findings in industrial organizations and includes innovation studies and detailed evidence from a longitudinal case study. Concretely, by longitudinally exploring the technological development of laser diodes in the USA and Japan, this study examines how the existence or absence of an entrepreneurial strategic choice for spin-outs influences the patterns of subsequent technological development. The longitudinal analysis in this book shows that spin-outs could hinder the subsequent development of existing technology when that technology is still at a nascent level, because the cumulative effects of technological development could disappear if research and development personnel leave their parent firms in order to target different sub-markets. The findings of this book show that institutional settings designed to promote spin-outs do not necessarily promote innovation. The book offers novel theoretical insights into the relationship between institutions promoting spin-outs and the developments of general purpose technology.
Erscheint lt. Verlag 17.5.2019
Reihe/Serie Advances in Japanese Business and Economics
Advances in Japanese Business and Economics
Zusatzinfo XIX, 312 p. 34 illus.
Sprache englisch
Themenwelt Geschichte Teilgebiete der Geschichte Wirtschaftsgeschichte
Wirtschaft Allgemeines / Lexika
Wirtschaft Betriebswirtschaft / Management Logistik / Produktion
Wirtschaft Betriebswirtschaft / Management Unternehmensführung / Management
Wirtschaft Volkswirtschaftslehre
Schlagworte Entrepreneurship • General Purpose Technology • Innovation • laser diode • Spin out • Startup • Sub market • Subsequent Technological Development • technological trajectory • US and Japan Longitudinal Comparison
ISBN-10 981-13-3714-4 / 9811337144
ISBN-13 978-981-13-3714-7 / 9789811337147
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