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Identifier to cite or link to this item: https://hdl.handle.net/10086/26112

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Title
Entrepreneurial Spin-Outs and Vanishing Technological Trajectory: Laser Diodes in the U.S. and Japan
Creator
Creator Name
Shimizu, Hiroshi Shimizu, Hiroshi
Affiliation
Affiliation Name
Hitotsubashi University
Creator Name
Wakutsu, Naohiko Wakutsu, Naohiko
Affiliation
Affiliation Name
Hitotsubashi University
Key Word
Innovation
Entrepreneurial Spin-Outs
Technological Trajectory
R&D Competition
Sub-markets
General Purpose Technology
Abstract
By exploring the patterns of laser-diode technological development in the U.S. and Japan and theoretically examining market conditions and institutions that promote entrepreneurial spin-outs from a parental company, this study reveals how the existence and absence of entrepreneurial spin-out influence the ways in which technological trajectories emerge. It shows that vibrant entrepreneurial spin-out could hinder technological development, since the cumulative effects of incremental innovations on the technological trajectories could vanish if many firms spun out to target untapped sub-markets.
Publisher
Institute of Innovation Research, Hitotsubashi University
Issued Date
2014-01
Language
English(eng)
Resource Type
technical report
Version Type
VoR
Is Part OfRelation -
Related Title
IIR Working Paper ; No. 13-21
Number of Pages
30
Appears in Collections
IIR Working Paper
URL
https://hdl.handle.net/10086/26112