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Threshold models of technological transitions

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  • Paolo Zeppini

    ()

  • Koen Frenken

    ()

  • Roland Kupers

Abstract

We present a systematic review of seven threshold models of technological transitions from physics, biology, economics and sociology. The very same phenomenon of a technological transition can be explained by very different logics, ranging from economic explanations based on price, performance and increasing returns to alternative explanations based on word-of-mouth recommendation, convergence of expectations, or social mimicking behaviour. Our review serves as a menu for future modelling exercises that can take one or more elementary transition models as a basis, and extend these model to fit more specific sectoral, technological or territorial contexts.

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Bibliographic Info

Paper provided by Eindhoven Center for Innovation Studies (ECIS) in its series Eindhoven Center for Innovation Studies (ECIS) working paper series with number 13-06.

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Date of creation: Aug 2013
Date of revision: Aug 2013
Handle: RePEc:dgr:tuecis:wpaper:1306

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Web page: http://ecis.ieis.tue.nl/

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Keywords: threshold models; technological transitions;

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