• Corpus ID: 251224267

Long-run patterns in the discovery of the adjacent possible

  title={Long-run patterns in the discovery of the adjacent possible},
  author={Josef Taalbi},
This study analyses long-run patterns of new product introductions in Sweden, 1908-2016. A theoretical framework is formulated that links notions of exploration and exploitation to the notion of innovation as a search process of recombination across knowledge types to discover the set of the adjacent possible innovations. The framework makes predictions about the rate of diversification of product portfolios, the rate of innovation, and the distribution of innovations across organizations. The… 

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