This is an interesting theory. I think it makes some different predictions to the low hanging fruit model.
For instance, this theory would appear to suggest that larger teams would be helpful. If intel are not internally repeating the same research then them increasing their number of researchers should increase the discovery rate. If instead a new company employs the same number of new researchers then this will have minimal effect on the world discovery rate if they repeat what Intel is doing.
A simplistic low hanging fruit explanation does not distinguish between where the extra researchers are located.
Yes, this might help somewhat, but there is an overhead / deduplication tradeoff that is unavoidable.
I discussed these dynamics in detail (i.e. at great length) on Ribbonfarm here.
The large team benefit would explain why most innovation happens near hubs / at the leading edge companies and universities, but that is explained by the other theories as well.
This is an interesting theory. I think it makes some different predictions to the low hanging fruit model.
For instance, this theory would appear to suggest that larger teams would be helpful. If intel are not internally repeating the same research then them increasing their number of researchers should increase the discovery rate. If instead a new company employs the same number of new researchers then this will have minimal effect on the world discovery rate if they repeat what Intel is doing.
A simplistic low hanging fruit explanation does not distinguish between where the extra researchers are located.
Yes, this might help somewhat, but there is an overhead / deduplication tradeoff that is unavoidable.
I discussed these dynamics in detail (i.e. at great length) on Ribbonfarm here.
The large team benefit would explain why most innovation happens near hubs / at the leading edge companies and universities, but that is explained by the other theories as well.