Path Dependence and Lock-in

Path Dependence and Lock-in PDF Author: Stan J.. Liebowitz
Publisher: Edward Elgar Publishing
ISBN: 9781782545545
Category : Economics
Languages : en
Pages : 0

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Book Description
Since their first emergence in the work of Paul David thirty years ago, the dual issues of Path Dependence and Lock-In have become critically important subjects in the fields of economics, sociology, and business strategy. Theoretical and public policy debates on these issues have arisen, addressing whether markets consistently choose the best products. This collection presents each side of the debate, bringing together key publications that initiated this literature with the later works that criticize or defend many of the early claims. Both the theoretical and empirical foundations of Path Dependence and Lock-In are examined along with the role of network effects. An original introduction by the editors is included to situate each article in its wider context.

Path Dependence and Lock-in

Path Dependence and Lock-in PDF Author: Stan J.. Liebowitz
Publisher: Edward Elgar Publishing
ISBN: 9781782545545
Category : Economics
Languages : en
Pages : 0

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Book Description
Since their first emergence in the work of Paul David thirty years ago, the dual issues of Path Dependence and Lock-In have become critically important subjects in the fields of economics, sociology, and business strategy. Theoretical and public policy debates on these issues have arisen, addressing whether markets consistently choose the best products. This collection presents each side of the debate, bringing together key publications that initiated this literature with the later works that criticize or defend many of the early claims. Both the theoretical and empirical foundations of Path Dependence and Lock-In are examined along with the role of network effects. An original introduction by the editors is included to situate each article in its wider context.

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 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.

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.

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.

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.

Russian Path Dependence

Russian Path Dependence PDF Author: Stefan Hedlund
Publisher: Routledge
ISBN: 1134259182
Category : Business & Economics
Languages : en
Pages : 409

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Book Description
Russia's transition to a market economy has been tortuous to say the least. However, this book argues that the arguments and counter-arguments that pitch shock therapy against gradualism are wide of the mark and quite pointless. Indeed, the reasons for the warped outcomes can actually be traced back through the long sweep of Russian history. Decisions made in the distant past can fully influence policy- making in the present. Hedlund's thesis can, like this, be seen as influenced by the 'path dependency' theories of Paul David among others.

Brewing, Beer and Pubs

Brewing, Beer and Pubs PDF Author: I. Cabras
Publisher: Springer
ISBN: 1137466189
Category : Business & Economics
Languages : en
Pages : 340

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Book Description
The production of beer today occurs within a bifurcated industrial structure. There exists a small number of large, global conglomerates supplying huge volumes of a limited range of beers, and a plethora of small and medium breweries producing a diverse range of beers sold under unique brands. Brewing, Beer and Pubs addresses a range of contemporary issues and challenges in this key sector of the global economy, and includes contributions by research specialists from a variety of countries and disciplines. This book includes the marketing and globalization of the brewing industry, beer excise duties and market concentration, and reflections upon developments in brewing and beer consumption across the world in order to explore the wide-reaching influence of this industry. Alongside these global topics more localised themes are presented such as market integration in the Chinese beer and wine markets, beer and brewing in Africa and South America, and turbulence and change in the UK public house industry, which demonstrate how the consumption of beer in pubs and other social environments make the beer industry integral to local communities and regions worldwide.

The Evolution of Path Dependence

The Evolution of Path Dependence PDF Author: Lars Magnusson
Publisher: Edward Elgar Publishing
ISBN: 1848449267
Category : Business & Economics
Languages : en
Pages : 239

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Book Description
The notion and interpretation of path dependence have been discussed and utilized in various social sciences during the last two decades. This innovative book provides significant new insights onto how the different applications of path dependence have developed and evolved. The authors suggest that there has been a definite evolution from applications of path dependence in the history of technology towards other fields of social science. They also discuss the various definitions of path dependence (strong or weak) and explore the potential applications of path dependence in new areas such as political economy and economic geography. With new perspectives on how the debate surrounding path dependence has evolved, this book will strongly appeal to postgraduate students and scholars of economic history, economic geography, political science and business studies.

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: 9781032928883
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
The book provides a detailed account, from the perspective of evolutionary economics, of the ways in which new technological pathways in renewable energy technologies may be created in historical conditions of path dependence and lock-in. This book was originally published as a special issue of European Planning Studies.