Increasing returns: historiographic issues and path dependence

By Kenneth J. Arrow. 2000

121 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/14cf5559cf8539fab47e6e6d7eacdd6b6759cd1c

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In Economics and Econometrics

Citations in the corpus

Breaking New Paths: Theory and Method in Path Dependence Research (2013, background): “The notion of “increasing returns” has especially inspired criticism (Arrow (2000)) and is prone to misunderstandings, as its clear-cut mathematical meaning interferes with its metaphorical usage, mainly in the field of political science (see, for example, Pierson (2000); Thelen (2003); and Kay…”
Design of virtual plant environment for future generation green production systems (2007, unknown): “Lock-in and its relationship to technological evolution has been the subject of much research in various fields including engineering [Utterback, 1974; Silver 2005b], economics [Arthur, 1989; Arrow, 2000; David, 2000], political economy [Nelson and Winter 1982] and strategic innovation management [H”
The economics of innovation: from the classical legacies to the economics of complexity (2009, background): “As Arrow (2000) suggests, in these circumstances, the generation of new technological knowledge and the introduction of new technologies can be viewed as the cause and the consequence of punctuated economic growth and dynamic increasing returns.”
Path dependence: a foundational concept for historical social science (2007, background): “Not only in branching systems, but in other deterministic and stochastic processes, the existence of micro-level irreversibilities alone is sufficient to give rise to path dependent dynamics (see, e.g., Fisher 1983; Arrow 2000, 2004; David 1997b, 2001).”
The co-evolution of policy mixes and socio-technical systems: Towards a conceptual framework of policy mix feedback in sustainability transitions (2019, background): “Reinforcing mechanisms may be most prominent where policy mixes encourage investment over long timeframes [RE], creating vested interests in supporting policy maintenance [SPF] (Arrow, 2000).”
The missing link between the theory and empirics of path dependence: Conceptual clarification, testability issue, and methodological implications (2010, background): “90) establishes that ‘increasing returns are neither necessary nor sufficient for path dependence’: what is really required to sustain a path is a mechanism that decreases the relative attractiveness of alternatives (Arrow, 2000; Kay, 2005).”
Theorizing path dependence: a review of positive feedback mechanisms in technology markets, regional clusters, and organizations (2012, unknown): “Furthermore, Arrow’s (2000) argument that path dependence is mainly characterized by quasi-irreversibility is only part of the story—rather, we suggest that path dependence is essentially determined by a combination of local irreversibilities and nonlinearities at both levels (cf.”