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Path dependence in technologies and organizations: a concise guide

Carolina Castaldi, Giovanni Dosi and Evita Paraskevopoulou ()

No 11-04, Working Papers from Eindhoven Center for Innovation Studies

Abstract: The 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 economic system where it is observable, its sources, consequences and different formal representations of path dependent processes.

Keywords: path dependence; lock-in; organizations; technologies (search for similar items in EconPapers)
Date: 2011-06, Revised 2011-06
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