Transectorial innovations and the transformation of firms

Abstract Innovation which is generated in a specific sector or prepared for it but finds application in others is called transsectorial innovation. This is a subject which, up to now, has attracted very little attention; yet it deserves a thorough examination. Indeed, the incidence of transsectorial migrations is very much on the increase and its impact on industry strongly felt: It generates a multiplicity of new products, causes changes in the location of production units and affects their organization. In this report, the concept of innovation is addressed and studied in depth, then looked at in the context of long‐term economic perspectives (I). Next the emergence of transsectorial innovations and their pervasive influence are described (II). Lastly, the effects on industry (size, location, organization, products) are examined (III). The industrial revolution which is beginning represents much more than what is generally expected. It will cause a complete upheaval, not only in the productive system, b...