Path dependence in technologies and organizations: a concise guide
AbstractThe note on which an entry for the Palgrave Encyclopedia of Strategic Management will draw offers a beginner's guide to path dependency in technologies and organizations. We address the very meaning of the concept and its centrality in various aspects of economic analysis. We outline the various levels of the ecomic system in which it is observable, its sources, concequences and different formal representations of path dependent processes.
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Bibliographic InfoPaper provided by Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy in its series LEM Papers Series with number 2011/12.
Date of creation: 19 May 2011
Date of revision:
Path dependence; lock-in; dynamic increasing returns; organizational inertias;
Other versions of this item:
- Carolina Castaldi & Giovanni Dosi & Evita Paraskevopoulou, 2011. "Path dependence in technologies and organizations: a concise guide," Eindhoven Center for Innovation Studies (ECIS) working paper series 11-04, Eindhoven Center for Innovation Studies (ECIS), revised Jun 2011.
- NEP-ALL-2011-05-30 (All new papers)
- NEP-CBE-2011-05-30 (Cognitive & Behavioural Economics)
- NEP-HIS-2011-05-30 (Business, Economic & Financial History)
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