Open disclosure of innovations, incentives and follow-on reuse: theory on processes of cumulative innovation and a field experiment in computational biology

Boudreau, K and Lakhani, K R (2015) Open disclosure of innovations, incentives and follow-on reuse: theory on processes of cumulative innovation and a field experiment in computational biology. Research Policy, 44 (Feb). pp. 4-19. ISSN 0048-7333

Abstract

Most of society's innovation systems – academic science, the patent system, open source, etc. – are “open” in the sense that they are designed to facilitate knowledge disclosure among innovators. An essential difference across innovation systems is whether disclosure is of intermediate progress and solutions or of completed innovations. We theorize and present experimental evidence linking intermediate versus final disclosure to an ‘incentives-versus-reuse’ tradeoff and to a transformation of the innovation search process. We find intermediate disclosure has the advantage of efficiently steering development towards improving existing solution approaches, but also has the effect of limiting experimentation and narrowing technological search. We discuss the comparative advantages of intermediate versus final disclosure policies in fostering innovation.

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Item Type: Article
Subject Areas: Strategy and Entrepreneurship
Additional Information: © 2015 Elsevier B V
Subjects: T > Technological innovation
Date Deposited: 02 Mar 2016 18:51
Last Modified: 18 Jul 2018 16:03
URI: http://lbsresearch.london.edu/id/eprint/177
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