The double-edged sword of recombination in breakthrough innovation

成果类型:
Review
署名作者:
Kaplan, Sarah; Vakili, Keyvan
署名单位:
University of Toronto; University of London; London Business School
刊物名称:
STRATEGIC MANAGEMENT JOURNAL
ISSN/ISSBN:
0143-2095
DOI:
10.1002/smj.2294
发表日期:
2015
页码:
1435-1457
关键词:
breakthrough innovation recombination patents creativity topic modeling cognition
摘要:
We explore the double-edged sword of recombination in generating breakthrough innovation: recombination of distant or diverse knowledge is needed because knowledge in a narrow domain might trigger myopia, but recombination can be counterproductive when local search is needed to identify anomalies. We take into account how creativity shapes both the cognitive novelty of the idea and the subsequent realization of economic value. We develop a text-based measure of novel ideas in patents using topic modeling to identify those patents that originate new topics in a body of knowledge. We find that, counter to theories of recombination, patents that originate new topics are more likely to be associated with local search, while economic value is the product of broader recombinations as well as novelty. Copyright (c) 2014 John Wiley & Sons, Ltd.
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