Competing Technologies, Increasing Returns, and Lock-In by Historical Events
Abstract
W. Brian Arthur; Competing Technologies, Increasing Returns, and Lock-In by Historical Events, The Economic Journal, Volume 99, Issue 394, 1 March 1989, Pages 1
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Each of these mechanisms reinforces the existence of the dominant technology.
“Chacun de ces mécanismes renforce l'existence de la technologie dominante”
From Mettre en œuvre la transition agroécologique : une analyse des règles de décision dans les systèmes bananiers aux Antilles françaises (2020) · cites this paper as Arthur (1989)
Increasing returns to adoption describe a situation in which the utility of adopting a good increases with its degree of diffusion.
“Les rendements croissants d'adoption décrivent une situation selon laquelle l'utilité procurée par l'adoption d'un bien augmente avec son degré de diffusion.”
From Mettre en œuvre la transition agroécologique : une analyse des règles de décision dans les systèmes bananiers aux Antilles françaises (2020) · cites this paper as Arthur (1989)
Five mechanisms underlie increasing returns to adoption: economies of scale, technological compatibility, learning by using, network economies, and informational returns.
“Cinq mécanismes sont au fondement des rendements croissants d'adoption : les économies d'échelle en production, la compatibilité technologique, l'apprentissage lié à l'utilisation du produit, les économies de réseau et les rendements informationnels.”
From Mettre en œuvre la transition agroécologique : une analyse des règles de décision dans les systèmes bananiers aux Antilles françaises (2020) · cites this paper as Arthur (1989)
Technological competition and selection processes explain how an initial technology choice reinforces itself, allowing an inferior technology to diffuse and become dominant.
“ces processus de compétition et de sélection technologiques permettent de comprendre par quels mécanismes le choix initial d'une technologie se renforce expliquant alors qu'une technologie dite « inférieure » (sous-efficace) se diffuse et s'impose au point de devenir dominante.”
From Mettre en œuvre la transition agroécologique : une analyse des règles de décision dans les systèmes bananiers aux Antilles françaises (2020) · cites this paper as Arthur (1989)
Misaligned incentives in early stages of technological development could result in lock-in to a service with high GHG emissions.
“Misaligned incentives in the early stages of technological development could result in the lock-in to a service with high GHG emissions [36,44].”
From Tackling climate change with machine learning (2023) · cites this paper as [36]
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- Authors
- Arthur, W. B.
- Affiliations
- Stanford University (US)
- Corresponding author
- Arthur, W. Brian
- ORCID
- Arthur, W. Brian
- Venue
- The Economic Journal
- Publisher
- Oxford University Press (OUP)
- Published
- 1989-03
- Volume
- 99
- Issue
- 394
- Pages
- 116
- ISSN
- 0013-0133 (ISSN-L)
- OpenAlex
- W2129261459
- Cited by
- 7,489
- References
- 22
- Citations by year
- 2026: 431 · 2025: 243 · 2024: 217 · 2023: 239 · 2022: 192 · 2021: 319 · 2020: 272 · 2019: 269 · 2018: 270 · 2017: 255 · 2016: 279 · 2015: 290 · 2014: 297 · 2013: 302 · 2012: 293
- FWCI
- 90.37
- Type
- journal article
- Language
- en
- Open access
- closed
- Locations
- The Economic Journal (publishedVersion)
- RePEc: Research Papers in Economics (submittedVersion)
- Topics
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Economic Theory and Institutions
- Social Sciences › Business, Management and Accounting › Strategy and Management › Digital Platforms and Economics
- Social Sciences › Decision Sciences › Management Science and Operations Research › Innovation Diffusion and Forecasting
- Keywords
- competing technologies, increasing returns, lock-in, historical events, technological change, path dependence
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