Small but not least changes: The Art of Creating Disruptive Innovations
Fuente:
arXiv
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| Autori principali: | , |
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| Natura: | Preprint |
| Pubblicazione: |
2024
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| _version_ | 1866910536544813056 |
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| author | He, Youwei Lee, Jeong-Dong |
| author_facet | He, Youwei Lee, Jeong-Dong |
| contents | In the ever-evolving landscape of technology, product innovation thrives on replacing outdated technologies with groundbreaking ones or through the ingenious recombination of existing technologies. Our study embarks on a revolutionary journey by genetically representing products, extracting their chromosomal data, and constructing a comprehensive phylogenetic network of automobiles. We delve deep into the technological features that shape innovation, pinpointing the ancestral roots of products and mapping out intricate product-family triangles. By leveraging the similarities within these triangles, we introduce a pioneering "Product Disruption Index"-inspired by the CD index (Funk and Owen-Smith, 2017)-to quantify a product's disruptiveness. Our approach is rigorously validated against the scientifically recognized trend of decreasing disruptiveness over time (Park et al., 2023) and through compelling case studies. Our statistical analysis reveals a fascinating insight: disruptive product innovations often stem from minor, yet crucial, modifications. |
| format | Preprint |
| id |
arxiv_https___arxiv_org_abs_2407_14537 |
| institution | arXiv |
| publishDate | 2024 |
| record_format | arxiv |
| spellingShingle | Small but not least changes: The Art of Creating Disruptive Innovations He, Youwei Lee, Jeong-Dong Physics and Society Social and Information Networks Applications Methodology In the ever-evolving landscape of technology, product innovation thrives on replacing outdated technologies with groundbreaking ones or through the ingenious recombination of existing technologies. Our study embarks on a revolutionary journey by genetically representing products, extracting their chromosomal data, and constructing a comprehensive phylogenetic network of automobiles. We delve deep into the technological features that shape innovation, pinpointing the ancestral roots of products and mapping out intricate product-family triangles. By leveraging the similarities within these triangles, we introduce a pioneering "Product Disruption Index"-inspired by the CD index (Funk and Owen-Smith, 2017)-to quantify a product's disruptiveness. Our approach is rigorously validated against the scientifically recognized trend of decreasing disruptiveness over time (Park et al., 2023) and through compelling case studies. Our statistical analysis reveals a fascinating insight: disruptive product innovations often stem from minor, yet crucial, modifications. |
| title | Small but not least changes: The Art of Creating Disruptive Innovations |
| topic | Physics and Society Social and Information Networks Applications Methodology |
| url | https://arxiv.org/abs/2407.14537 |