Path Dependence and Creation

Path Dependence and Creation PDF Author: Raghu Garud
Publisher: Psychology Press
ISBN: 113570631X
Category : Business & Economics
Languages : en
Pages : 474

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Book Description
The editors, aware of the recent work in evolutionary theory and the science of chaos and complexity, challenge the sometimes deterministic flavor of this subject. They are interested in uncovering the place of agency in these theories that take history so seriously. In the end, they are as interested in path creation and destruction as they are in path dependence. This book is compiled of both theoretical and empirical writings. It shows relatively well-known industries, such as the automobile, biotechnology, and semi-conductor industries in a new light. It also invites the reader to learn more about medical practices, wind power, lasers, and synthesizers. Primarily written for academicians, researchers, and Ph.D. students in fields related to technology management, this book is research-oriented and will appeal to all managers.

Path Dependence and New Path Creation in Renewable Energy Technologies

Path Dependence and New Path Creation in Renewable Energy Technologies PDF Author: James Simmie
Publisher: Routledge
ISBN: 1317688864
Category : Business & Economics
Languages : en
Pages : 230

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Book Description
Why are old technologies persisted with after better alternatives have been invented? This book examines this question, a central concern of evolutionary economics, specifically focusing on renewable energy technologies. The concept of path dependence is used to analyse why and how technological development can become locked-in to inefficient ways of doing things. This book shows how lock-in can be avoided by the creation of new technological pathways. The chapters focus on the comparatively recent introduction of new wind turbine technologies for the generation of carbon free electricity. This case study provides valuable lessons in understanding the issues confronting inventors attempting to commercialise their new ideas in the form of innovations in the face of historically established conventional technologies. It is also set within the critical debate on climate change and the need to de-carbonise energy supplies in order to stop further man-made deterioration in the global environment. This book was originally published as a special issue of European Planning Studies.

Path Dependence and Creation

Path Dependence and Creation PDF Author: Raghu Garud
Publisher: Psychology Press
ISBN: 1135706328
Category : Business & Economics
Languages : en
Pages : 425

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Book Description
The editors, aware of the recent work in evolutionary theory and the science of chaos and complexity, challenge the sometimes deterministic flavor of this subject. They are interested in uncovering the place of agency in these theories that take history so seriously. In the end, they are as interested in path creation and destruction as they are in path dependence. This book is compiled of both theoretical and empirical writings. It shows relatively well-known industries, such as the automobile, biotechnology, and semi-conductor industries in a new light. It also invites the reader to learn more about medical practices, wind power, lasers, and synthesizers. Primarily written for academicians, researchers, and Ph.D. students in fields related to technology management, this book is research-oriented and will appeal to all managers.

Implementing the Circular Economy for Sustainable Development

Implementing the Circular Economy for Sustainable Development PDF Author: Hans Wiesmeth
Publisher: Elsevier
ISBN: 0128218045
Category : Science
Languages : en
Pages : 328

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Book Description
Implementing the Circular Economy for Sustainable Development presents the concept of the circular economy with the goal of understanding its present status and how to better implement it, particularly through environmental policies. It first tackles the definition of a circular economy in the context of sustainability and the differences in defining the concept across disciplines, including its fallibilities and practical examples. It then goes on to discuss the implementation of a circular economy, including the increasing variety of technological, mechanical, and chemical procedures to contend with and the need for stakeholder support in addition to improved business models. The second half of the book, therefore, presents tools, approaches, and practical examples of how to shape environmental policy to successfully implement a circular economy. It analyzes deficiencies of current regulations and lays the groundwork for the design of integrated environmental policies for a circular economy. Authored by an expert in environmental economics with decades of experience, Implementing the Circular Economy for Sustainable Development is a timely, practical guide for sustainability researchers and policymakers alike to move more efficiently toward a circular economy and sustainable development. - Presents a clear view of the critical components, features, and issues of a circular economy - Discusses a variety of practical examples from current policies in the context of a circular economy to better understand the challenges associated with its implementation - Analyzes strengths and weaknesses of current environmental policies and their interactions with innovations in engineering and science

The Microeconomics of Complex Economies

The Microeconomics of Complex Economies PDF Author: Wolfram Elsner
Publisher: Academic Press
ISBN: 0124115993
Category : Business & Economics
Languages : en
Pages : 599

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Book Description
The Microeconomics of Complex Economies uses game theory, modeling approaches, formal techniques, and computer simulations to teach useful, accessible approaches to real modern economies. It covers topics of information and innovation, including national and regional systems of innovation; clustered and networked firms; and open-source/open-innovation production and use. Its final chapter on policy perspectives and decisions confirms the value of the toolset. Written so chapters can be used independently, the book includes an introduction to computer simulation and pedagogical supplements. Its formal, accessible treatment of complexity goes beyond the scopes of neoclassical and mainstream economics. The highly interdependent economy of the 21st century demands a reconsideration of economic theories. - Describes the usefulness of complex heterodox economics - Emphasizes divergences and convergences with neoclassical economic theories and perspectives - Fits easily into courses on intermediate microeconomics, industrial organization, and games through self-contained chapters

The Hidden Dynamics of Path Dependence

The Hidden Dynamics of Path Dependence PDF Author: G. Schreyögg
Publisher: Springer
ISBN: 0230274072
Category : Business & Economics
Languages : en
Pages : 259

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Book Description
The theory of path dependence continues to attract great interest in a range of disciplines. An increasing number of scholars have started to explicitly use this theory for studying organizational inertia and institutional rigidities. This volume presents a collection of papers from various international conferences that address these issues.

Increasing Returns and Path Dependence in the Economy

Increasing Returns and Path Dependence in the Economy PDF Author: W. Brian Arthur
Publisher: University of Michigan Press
ISBN: 9780472022403
Category : Business & Economics
Languages : en
Pages : 228

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Book Description
Pioneering work on an important new approach to economics.

Path Dependence and New Path Creation in Renewable Energy Technologies

Path Dependence and New Path Creation in Renewable Energy Technologies PDF Author: James Simmie
Publisher: Routledge
ISBN: 1317688872
Category : Business & Economics
Languages : en
Pages : 178

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Book Description
Why are old technologies persisted with after better alternatives have been invented? This book examines this question, a central concern of evolutionary economics, specifically focusing on renewable energy technologies. The concept of path dependence is used to analyse why and how technological development can become locked-in to inefficient ways of doing things. This book shows how lock-in can be avoided by the creation of new technological pathways. The chapters focus on the comparatively recent introduction of new wind turbine technologies for the generation of carbon free electricity. This case study provides valuable lessons in understanding the issues confronting inventors attempting to commercialise their new ideas in the form of innovations in the face of historically established conventional technologies. It is also set within the critical debate on climate change and the need to de-carbonise energy supplies in order to stop further man-made deterioration in the global environment. This book was originally published as a special issue of European Planning Studies.

Politics in Time

Politics in Time PDF Author: Paul Pierson
Publisher: Princeton University Press
ISBN: 1400841089
Category : Political Science
Languages : en
Pages : 209

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Book Description
This groundbreaking book represents the most systematic examination to date of the often-invoked but rarely examined declaration that "history matters." Most contemporary social scientists unconsciously take a "snapshot" view of the social world. Yet the meaning of social events or processes is frequently distorted when they are ripped from their temporal context. Paul Pierson argues that placing politics in time--constructing "moving pictures" rather than snapshots--can vastly enrich our understanding of complex social dynamics, and greatly improve the theories and methods that we use to explain them. Politics in Time opens a new window on the temporal aspects of the social world. It explores a range of important features and implications of evolving social processes: the variety of processes that unfold over significant periods of time, the circumstances under which such different processes are likely to occur, and above all, the significance of these temporal dimensions of social life for our understanding of important political and social outcomes. Ranging widely across the social sciences, Pierson's analysis reveals the high price social science pays when it becomes ahistorical. And it provides a wealth of ideas for restoring our sense of historical process. By placing politics back in time, Pierson's book is destined to have a resounding and enduring impact on the work of scholars and students in fields from political science, history, and sociology to economics and policy analysis.

The Economics of QWERTY

The Economics of QWERTY PDF Author: S. J. Liebowitz
Publisher: NYU Press
ISBN: 9780814751787
Category : Business & Economics
Languages : en
Pages : 286

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Book Description
The top left hand side of the keyboard reads "Q-W-E-R-T-Y." Is this inefficient layout an inefficient early development to which we are now forever committed? The "economics of QWERTY" describes cases in which it has been claimed that technologies which have become accepted are not as good as rival technologies. Perhaps they have been "locked in" at an early stage, preventing newer, better possibilities from taking hold. Distinguished economists Stan Liebowitz and Steven Margolis have critically examined the various aspects of the economics of QWERTY and its implications, calling into question the historical accuracy of the standard account of QWERTY and similar cases such as those of Beta/VHS and Macintosh/Windows. They contend that no plausible case of inferior standards being locked in has ever been documented, though much antitrust activity and legislative policy has been based on the belief in the occurrence of such cases. The Economics of Qwerty brings together into one volume Liebowitz and Margolis's essential contributions, remarkable for their eloquence and relevance, to consider these issues, which are of real and enduring importance for the functioning of the market economy. Together they constitute a complete account of the critique of the economics of QWERTY.