#sailing_ship_effect

Sailing ship effect

The sailing ship effect is a phenomenon by which the introduction of a new technology to a market accelerates the innovation of an incumbent technology. Despite the fact that the term was coined by W.H. Ward in 1967 the concept was made clear much earlier in a book by S.C. Gilfillan entitled “Inventing the ship” published in 1935. The name of the “effect” is due to the reference to advances made in sailing ships in the second half of the 1800s in response to the introduction of steamships. According to Ward, in the 50 years after the introduction of the steam ship, sailing ships made more improvements than they had in the previous 300 years. The term “Sailing Ship Effect” applies to situations in which an old technology is revitalized, experiencing a “last gasp” when faced with the risk of being replaced by a newer technology. Here is how Gilfillan put it: ”It is paradoxical, but on examination logical, that this noble flowering of the sailing ship, this apotheosis during her decline and just before extermination, was partly vouchsafed by her supplanter, the steamer.”.

Wed 1st

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