Advances in Japanese Business and Economics

General Purpose Technology, Spin-Out, and Innovation

Technological Development of Laser Diodes in the United States and Japan

Authors: Shimizu, Hiroshi

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  • Explains how institutions promoting spin-outs from incumbents develop or retard development of general purpose technology
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  • Offers novel insights on how spin-outs tend to target untapped markets and how incumbents tend to target mass markets
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  • Scrutinizes longitudinally the technological development of laser diodes in the US and Japan from the 1950s to the 2000s
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eBook $89.00
price for USA in USD (gross)
  • ISBN 978-981-13-3714-7
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $119.99
price for USA in USD
  • ISBN 978-981-13-3713-0
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
About this book

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.

About the authors

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

Table of contents (13 chapters)

Table of contents (13 chapters)

Buy this book

eBook $89.00
price for USA in USD (gross)
  • ISBN 978-981-13-3714-7
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $119.99
price for USA in USD
  • ISBN 978-981-13-3713-0
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
General Purpose Technology, Spin-Out, and Innovation
Book Subtitle
Technological Development of Laser Diodes in the United States and Japan
Authors
Series Title
Advances in Japanese Business and Economics
Series Volume
21
Copyright
2019
Publisher
Springer Singapore
Copyright Holder
Springer Nature Singapore Pte Ltd.
eBook ISBN
978-981-13-3714-7
DOI
10.1007/978-981-13-3714-7
Hardcover ISBN
978-981-13-3713-0
Series ISSN
2197-8859
Edition Number
1
Number of Pages
XIX, 312
Number of Illustrations
34 b/w illustrations
Topics