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Learning in a Science-driven Market: The Case of Lasers

 
: Grupp, H.

:
Fulltext urn:nbn:de:0011-n-37186 (895 KByte PDF)
MD5 Fingerprint: 4bcf7368689fa47ea6640262b3a8a76c
Created on: 29.11.2012


Industrial and Corporate Change 9 (2000), No.1, pp.143-172
ISSN: 0960-6491
English
Journal Article, Electronic Publication
Fraunhofer ISI ()
optoelektronische Industrie; elektromedizinisches Gerät; laser; Innovation; Wissenschaft; Lernen

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 the particularly interesting 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 aue in search of a purpose', two stages of market formation can be discerned: a wasteful science-pushed, and a subsequent demandles period .Pircing of the innovative products can be explained by a few leading characteristics, but certain providers are able to create stable demand from public knowledge with non-optimal priche-performance rations.

: http://publica.fraunhofer.de/documents/N-3718.html