Speaker(s):  Lee Fleming (HBS)

Title: Lone inventors as the source of breakthroughs: myth or reality?

Abstract
Why are lone inventors thought to be the sources of technological breakthroughs?  The perception – or myth - persists despite a variety of contrary arguments for the benefits and pervasiveness of collaboration.  By differentiating between anti-social and independent inventors, I demonstrate that while the average rate and success of creative effort is lower for non-collaborative inventors, the successes are much more variable.  If assessments of success depend on the maximum of a distribution and not the rate or mean outcome, then a higher variance distribution could be judged as more creative, a source of breakthroughs, and a plausible basis for the “myth.” The theory and evidence hold within and across inventors.