The novelty 'sweet spot' of invention. (7th November 2017)
- Record Type:
- Journal Article
- Title:
- The novelty 'sweet spot' of invention. (7th November 2017)
- Main Title:
- The novelty 'sweet spot' of invention
- Authors:
- He, Yuejun
Luo, Jianxi - Abstract:
- Abstract : Invention arises from novel combinations of prior technologies. However, prior studies of creativity have suggested that overly novel combinations may be harmful to invention. Apart from the factors of expertise, market, etc., there may be such a thing as 'too much' or 'too little' novelty that will determine an invention's future value, but little empirical evidence exists in the literature. Using technical patents as the proxy of inventions, our analysis of 3.9 million patents identifies a clear 'sweet spot' in which the mix of novel combinations of prior technologies favors an invention's eventual success. Specifically, we found that the invention categories with the highest mean values and hit rates have moderate novelty in the center of their combination space and high novelty in the extreme of their combination space. Too much or too little central novelty suppresses the positive contribution of extreme novelty in the invention. Furthermore, the combination of scientific and broader knowledge beyond patentable technologies creates additional value for invention and enlarges the advantage of the novelty sweet spot. These findings may further enable data-driven methods both for assessing invention novelty and for profiling inventors, and may inspire a new strand of data-driven design research and practice.
- Is Part Of:
- Design science. Volume 3(2017)
- Journal:
- Design science
- Issue:
- Volume 3(2017)
- Issue Display:
- Volume 3, Issue 2017 (2017)
- Year:
- 2017
- Volume:
- 3
- Issue:
- 2017
- Issue Sort Value:
- 2017-0003-2017-0000
- Page Start:
- Page End:
- Publication Date:
- 2017-11-07
- Subjects:
- novelty, -- invention, -- technology combination
Design -- Research -- Periodicals
New products -- Management -- Periodicals
Design
Design -- Research
Electronic journals
Periodicals
658.5752 - Journal URLs:
- http://journals.cambridge.org/action/displayJournal?jid=DSJ ↗
http://journals.cambridge.org/action/displayBackIssues?jid=DSJ&tab=backissue ↗ - DOI:
- 10.1017/dsj.2017.23 ↗
- Languages:
- English
- ISSNs:
- 2053-4701
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library HMNTS - ELD Digital store
- Ingest File:
- 5257.xml