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• W2016176357 abstract "Emergence of new industries from evolving technologies is critical to the global economy, yet has been relatively understudied due to the paucity of available data. This study draws lessons on industry emergence, by analyzing how a solid-state lighting (SSL) industry grew out of light emitting diode (LED) technologies that evolved for half a century, with participation by tens of thousands of researchers in universities, national laboratories, and firms. Using data on publications, patents, and firms combined with business history we trace the evolution of SSL through a succession of market niches. At times a few researchers with unorthodox research approaches made breakthroughs that greatly advanced particular technology trajectories and pushed LED research in unexpected directions. A succession of LED market niches advanced the technology and provided profits to incentivize continuing research while reducing cost and improving efficacy of LEDs. Innovating firms developed a thicket of patents and captured substantial profit, but were embroiled in extensive litigation that was ultimately resolved through cross-licensing. A major new generation of lighting products is now disrupting the traditional lighting industry. Although the leading incumbent lighting firms all invested early and heavily in SSL, the industry's future leadership is uncertain." @default.
• W2016176357 created "2016-06-24" @default.
• W2016176357 creator A5011570252 @default.
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• W2016176357 date "2014-12-01" @default.
• W2016176357 modified "2023-10-16" @default.
• W2016176357 title "Light emitting diodes and the lighting revolution: The emergence of a solid-state lighting industry" @default.
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• W2016176357 doi "https://doi.org/10.1016/j.respol.2014.07.011" @default.
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