Path Creation, Path Dependency, and Alternative Theories of the Firm
@article{Stack2003PathCP,
title={Path Creation, Path Dependency, and Alternative Theories of the Firm},
author={M. Stack and M. Gartland},
journal={Journal of Economic Issues},
year={2003},
volume={37},
pages={487 - 494}
}During the 1980s, Paul David and Brian Arthur published several papers that are now regarded as the foundation of path dependency (David 1985; Arthur 1989, 1990). The basic assertion in these and related essays is that sub-optimal or inefficient technologies can be become locked in as industry standards, and in instances where there are significant network effects, these inefficiencies may persist for extended periods of time.'1 While we are convinced by the path dependency insight that… CONTINUE READING
92 Citations
Theorizing Path Dependence: A Review of Positive Feedback Mechanisms in Technology Markets, Regional Clusters, and Organizations
- Economics
- 2012
- 92
- Highly Influenced
- PDF
Strategic path dependence: Introducing the distinction between mechanism and pattern inscription
- 2009
- 2
- PDF
Path generation in a path dependent industry : the influence from theestablished technology
- Engineering
- 2014
Orphan innovation, or when path-creation goes stale: a design framework to characterise path-dependence in real time
- Engineering, Computer Science
- Technol. Anal. Strateg. Manag.
- 2012
- 33
References
SHOWING 1-10 OF 23 REFERENCES
Path Dependence, its Critics, and the Quest for ‘Historical Economics’
- Sociology, Economics
- 2005
- 418
- PDF