A study on the relationship between technology diffusion and new product diffusion

Misuk Lee, Kwangduk Kim, Youngsang Cho

Research output: Contribution to journalArticle

28 Citations (Scopus)

Abstract

This study investigates the relationship between "technology diffusion" and "new product diffusion". We define "technology diffusion" as a knowledge spillover process, which is represented by patent citation, and "new product diffusion" as the spread of a new product that has been developed by the application of patented technology. To investigate the relationship between the two types of diffusion, we use patent citation data of code division multiple access (CDMA) technology and market sales data of mobile phones in South Korea for the analysis. The results show that the diffusion of technology through patent citation could be successfully explained by empirical analysis, for which the Bass diffusion model was used. Moreover, we can find out if technology diffusion can be the leading indicator of a new product's diffusion before its launching; in other words, before the commercialization of the patent.

Original languageEnglish
Pages (from-to)796-802
Number of pages7
JournalTechnological Forecasting and Social Change
Volume77
Issue number5
DOIs
Publication statusPublished - 2010 Jun 1

All Science Journal Classification (ASJC) codes

  • Business and International Management
  • Applied Psychology
  • Management of Technology and Innovation

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