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Path dependence in technologies and organizations: a concise guide

Carolina Castaldi, Giovanni Dosi () and Evita Paraskevopoulou ()

LEM Papers Series from Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy

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 ecomic system in which it is observable, its sources, concequences and different formal representations of path dependent processes.

Keywords: Path dependence; lock-in; dynamic increasing returns; organizational inertias (search for similar items in EconPapers)
Date: 2011-05-19
New Economics Papers: this item is included in nep-cbe and nep-his
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Working Paper: Path dependence in technologies and organizations: a concise guide (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:ssa:lemwps:2011/12

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