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Thresholds models of technological transitions


Reference:

Zeppini, P., Frenken, K. and Kupers, R., 2014. Thresholds models of technological transitions. Environmental Innovation and Societal Transitions, 11, 54–70.

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    Official URL:

    http://dx.doi.org/10.1016/j.eist.2013.10.002

    Abstract

    We present a systematic review of seven threshold models of technological transitions from physics, biology, economics and sociology. The very same phenomenon of a technological transition can be explained by very different logics, ranging from economic explanations based on price, performance and increasing returns to alternative explanations based on word-of-mouth recommendation, convergence of expectations, or social mimicking behaviour. Our review serves as a menu for future modelling exercises that can take one or more elementary transition models as a basis, and extend these model to fit more specific sectoral, technological or territorial contexts.

    Details

    Item Type Articles
    CreatorsZeppini, P., Frenken, K. and Kupers, R.
    DOI10.1016/j.eist.2013.10.002
    DepartmentsFaculty of Humanities & Social Sciences > Economics
    RefereedYes
    StatusPublished
    ID Code41290

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