Abstract
The ideas of technology convergence or technology fusion
describe the phenomenon of era overlap. Despite evidence of the higher price
related to interdisciplinary studies and move-industry innovation, few research
have investigated the traits of generation fusion primarily based on patent
statistics. This study identifies new cases of convergence relying on the
International Patent Classification (IPC) of patents filed at the European
Patent Office among 1991 and 2007: the first prevalence of a patent
incorporating a aggregate of IPC subclasses indicators a new instance of
fusion. Duration models are hired to research the effect of field level
characteristics derived from patent bibliometrics at the chance of identifying
a brand new fusion.
The outcomes display
that merges are more frequent if the focal generation fields are closely
associated (based on a better quantity of move citations), are characterized by
huge technological scope, and are the result of an inter-firm collaboration. In
assessment to previous findings, the outcomes show that the extra complicated
the technologies concerned, the much less the likelihood of their convergence
or fusion. The correlation between fusion probability and the characteristics
of the merging fields ought to assist managers and policymakers to are
expecting the emergence of latest technology regions
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Introduction
Technology convergence, fusion, merging, go-fertilization,
and hybridization are all phrases used to cope with the phenomenon of
technology overlap which Curran (2013) defines as the blurring of the
boundaries between disjoint areas of science, technology, markets, or
industries. The subject matter of era fusion started to draw interest following
Kodama’s (1992) seminal piece, and evidence of the higher price associated with
interdisciplinary studies and cross-enterprise innovation.
At the discovery degree, converging fields look like
characterized via extra novelty and more breakthrough results (Schumpeter,
1939, Fleming, 2001, Hacklin, 2007, No and Park, 2010, Nemet and Johnson, 2012,
Karvonen and Kässi, 2013); on the firm and quarter ranges, previous studies on
merged fields observe better performance and a applicable effect on industry
evolution because era fusion sustains and revamps innovation trends and
generates new trajectories (No and Park, 2010, Kim and Kim, 2012, Curran, 2013,
Hacklin et al., 2013). Industry is evolving driven with the aid of the faster
increase of the merging fields, and the disruptive factors of the goods
primarily based on the converged technology read more:- astromanufaction
Previous literature on generation fusion
Two principal studies streams are distinguishable in the
literature on era fusion: work focusing at the theoretical components, and
empirical case have a look at exploration of specific fields and company- and
industry-degree statistics analysis.
A range of research in the first movement awareness on the
theoretical definition of convergence (e.G., Kodama, 1992, Hacklin, 2007). In
particular, Curran (2013) organizes work on convergence starting from the
definition and using related phrases. He defines
Methodology
The definition of era fusion operationalized on this take a
look at is primarily based at the co-classifications of 4-digit IPC codes: the
first incidence of a mixture of two IPC subclasses is taken into consideration
to indicate the delivery of a converged generation. This approach is similar to
that hired in research that advise a matrix of occurrences in a specific year.
The definition of convergence adopted in this have a look at is steady with the
general definition proposed via Curran (2013) and refers to the
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Results
Table 1 offers precis counts derived from the technique
applied. At the start of the tested length, 1991, a complete of 143,149 pairs
of different IPC subclasses (row 1 in Table 1) were to be had as probably new
combinations: no patents with similar pairs of IPC codes had been filed at the
EPO among 1978 and 1990. Analysis of the years as much as 2007 famous that
23,086 pairs of generation fields, 13% of all the potential mixtures (row 2)
had been included by means of as a minimum one patent for the
Discussion
The evaluation in this paper exploits the provision and
characteristics of patent statistics which typically are employed to proxy for
positive technological dimensions and the associated hierarchical
classification of the innovations, the IPC code which provides a shape
beneficial to identify technological fields and their overlap throughout time.
The analyzed sample includes all EPO patents filed among 1991 and 2007.
This have a look at identified the yearly era of new era
fusions measured as
Conclusions
The purpose of this have a look at is to provide empirical
guide for the findings of previous literature on enterprise convergence, with a
selected emphasis on technology fusions in those sectors which guard their
innovations with the aid of patenting. Previous empirical analyses do not
recognition at the technological dimensions however as an alternative at the
firm- or sector-level characteristics or on a specific technical subject. The
lack of records limits the analysis of era fusion
read more:- multimucation
