Startup Commercialization Strategies of Disruptive Technologies: Implications for the Rate of Scientific Discovery

35 Pages Posted: 3 Nov 2017

See all articles by Florenta Teodoridis

Florenta Teodoridis

University of Southern California - Marshall School of Business

Date Written: October 31, 2017

Abstract

Startups rushing to market with potentially disruptive technologies have the potential to reduce the documented negative effect of private return incentives for scientific discovery (basic research). While it is optimal for startups of disruptive technologies to enter the market to validate their technology in order to enable options for other market transactions, this entry strategy influences industry’s innovation incentives as the revealed technology threatens the incumbents’ trajectory. Furthermore, given the uncertainty of such technologies - ambiguity regarding technology’s robust scientific likelihood to improve to reach its disruptive potential - innovations efforts unfold predominantly in the realm of scientific discovery, leading to an increase in the rate of basic research in the knowledge area of the technology. I provide evidence from efforts to develop and commercialize quantum computing.

Keywords: Disruptive Innovation, Technology Commercialization Strategy, Innovation Incentives, Startup Entry Strategies, Rate Of Scientific Discovery

Suggested Citation

Teodoridis, Florenta, Startup Commercialization Strategies of Disruptive Technologies: Implications for the Rate of Scientific Discovery (October 31, 2017). Available at SSRN: https://ssrn.com/abstract=3062776 or http://dx.doi.org/10.2139/ssrn.3062776

Florenta Teodoridis (Contact Author)

University of Southern California - Marshall School of Business ( email )

701 Exposition Blvd
Los Angeles, CA 90089
United States

Register to save articles to
your library

Register

Paper statistics

Downloads
59
rank
338,170
Abstract Views
261
PlumX