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.

Source: Wikipedia — Sailing ship effect (CC BY-SA 4.0)

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.

Source: Wikipedia "Sailing ship effect" · CC BY-SA 4.0

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