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| Author: | Grupp, H. |
| Title: | Learning in a science-driven market: the case of lasers |
| Journal: | Industrial and Corporate Change
2000 : MAR, VOL. 9:1, p. 143-172 |
| Index terms: | Innovation Measurement Scientific research |
| Language: | eng |
| Abstract: | Innovation literature centres more on technical advance and less on scientific change. In this paper the scientific basis comes under specific scrutiny. The empirical part consists of a case study of the laser market and laser medicine submarket. A new measurement concept known as "technometrics" measures the quality of innovative products from their technological characteristics. It is found that in a knowledge-driven market in which "inventions are in search of purpose", two stages of market formation can be discerned. |
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