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Shortcuts to Innovation: The Use of Analogies in Knowledge Production
6Oct
Seminar Calendar, Management and Strategy

Shortcuts to Innovation: The Use of Analogies in Knowledge Production

6 October, 2022 | 10:30a.m.-11:30a.m.
online seminar
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SPEAKER

Dr Soomi Kim
Ph.D. Candidate in Technological Innovation, Entrepreneurship, and Strategic Management
Sloan School of Management
MIT

ABSTRACT

Old ideas serve as critical inputs into new ideas, but how do knowledge workers innovate when there are only few existing ideas to build on? In this paper, I explore how analogical reasoning—and technologies that automate it—can serve as “shortcuts” that allow innovators to import knowledge from an adjacent domain, bypassing the need to build knowledge from the ground up. Yet, because analogies require the availability of other domains as templates, they may also constrain the direction of innovation towards areas of research with available templates. Using the setting of structural biology, I document a tradeoff: while the arrival of an analogy-based technology increased the rate of innovation, it led to workers herding around solving less impactful problems.

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Professor Linbo Wang
About Speaker
Dr. Soomi Kim

PhD Candidate in Technological Innovation, Entrepreneurship, and Strategic Management | Sloan School of Management | MIT

Shortcuts to Innovation: The Use of Analogies in Knowledge Production
6 October, 202210:30a.m.-11:30a.m.
online seminar
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