{"id":821,"date":"2011-08-02T23:16:06","date_gmt":"2011-08-02T21:16:06","guid":{"rendered":"http:\/\/cerezo.name\/blog\/?p=821"},"modified":"2024-10-14T14:15:35","modified_gmt":"2024-10-14T12:15:35","slug":"estimating-the-innovators-dilemma","status":"publish","type":"post","link":"http:\/\/cerezo.name\/blog\/2011\/08\/02\/estimating-the-innovators-dilemma\/","title":{"rendered":"Estimating the Innovator\u2019s Dilemma"},"content":{"rendered":"<p style=\"text-align: justify;\">Much like Keynes\u2019 [amazon_link id=\u201c1169831990\u201d target=\u201c_blank\u201d ]The General Theory Of Employment Interest And Money (1936)[\/amazon_link] sketched the general picture of macroeconomics, leaving the hard-work of figuring the concrete equations and their variable estimation to the then nascent field of macroeconomics, Christensen\u2019s [amazon_link id=\u201c0060521996\u201d target=\u201c_blank\u201d ]The Innovator\u2019s Dilemma[\/amazon_link] derived an acclaimed general theory of innovation through real-world examples, initiating a very fertile ground for modelling and quantification. And the following paper is the first to tackle the problem of creating a fully detailed innovation model around the canonical case of incumbent\u2019s delay.<\/p>\n<p style=\"text-align: justify;\"><iframe src=\"\/\/docs.google.com\/viewer?url=http%3A%2F%2Fwww.freit.org%2FWorkingPapers%2FPapers%2FFirmLevelProductivity%2FFREIT333.pdf&amp;hl=en_US&amp;embedded=true\" class=\"gde-frame\" style=\"width:100%; height:500px; border: none;\" scrolling=\"no\"><\/iframe>\n<\/p><p class=\"gde-text\"><a href=\"http:\/\/www.freit.org\/WorkingPapers\/Papers\/FirmLevelProductivity\/FREIT333.pdf\" class=\"gde-link\">Download (<span class=\"caps\">PDF<\/span>,&nbsp;<span class=\"caps\">9KB<\/span>)<\/a><\/p>\n<p style=\"text-align: justify;\">The most interesting part is the measurement of four different forces that determine the incumbent-entrant timing gap in technology adoption, next in their actual order of importance: the very significant option value of waiting; a smaller cannibalization\u2019s effect; and trivial sunk-cost advantages over entrants and preemption motives for this issue, but strong determinants of innovation and evolution.<\/p>\n<p>And what\u2019s more important, the absolute relevance of this very same case and models to the modern evolution of drives towards <a href=\"http:\/\/en.wikipedia.org\/wiki\/Solid-state_drive\" target=\"_blank\" rel=\"noopener\"><span class=\"caps\">SSD<\/span><\/a> and <a href=\"http:\/\/en.wikipedia.org\/wiki\/Hybrid_drive\" target=\"_blank\" rel=\"noopener\">hybrid<\/a> technologies.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Much like Keynes\u2019 [amazon_link id=\u201c1169831990\u201d target=\u201c_blank\u201d ]The General Theory Of Employment Interest And Money (1936)[\/amazon_link] sketched the general picture of macroeconomics, leaving the hard-work of figuring the concrete equations and their variable estimation to the then nascent field of macroeconomics, Christensen\u2019s [amazon_link id=\u201c0060521996\u201d target=\u201c_blank\u201d ]The Innovator\u2019s Dilemma[\/amazon_link] derived an acclaimed general theory of innovation through&nbsp;[\u2026]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"ngg_post_thumbnail":0},"categories":[13],"tags":[],"_links":{"self":[{"href":"http:\/\/cerezo.name\/blog\/wp-json\/wp\/v2\/posts\/821"}],"collection":[{"href":"http:\/\/cerezo.name\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cerezo.name\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/cerezo.name\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/cerezo.name\/blog\/wp-json\/wp\/v2\/comments?post=821"}],"version-history":[{"count":7,"href":"http:\/\/cerezo.name\/blog\/wp-json\/wp\/v2\/posts\/821\/revisions"}],"predecessor-version":[{"id":1635,"href":"http:\/\/cerezo.name\/blog\/wp-json\/wp\/v2\/posts\/821\/revisions\/1635"}],"wp:attachment":[{"href":"http:\/\/cerezo.name\/blog\/wp-json\/wp\/v2\/media?parent=821"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cerezo.name\/blog\/wp-json\/wp\/v2\/categories?post=821"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cerezo.name\/blog\/wp-json\/wp\/v2\/tags?post=821"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}