This article investigates whether firms react to a radical technological substitution threat by a deliberate acceleration of innovation in their existing technology - the 'sailing ship effect'. There have been repeated claims that the effect has been significant as a source of innovation...

This article investigates whether firms react to a radical technological substitution threat by a deliberate acceleration of innovation in their existing technology - the "sailing ship effect". There have been repeated claims that the effect has been significant as a source of innovation...

This paper revisits the quot;what causes innovation - market pull or technology push?quot; debate to argue that the conceptualisation is flawed and that the firm is the only quot;agentquot; capable of innovative action. The paper differentiates between quot;usequot;, quot;needquot; and...