Recombinant Innovation and Endogenous Transitions

Preprint OPEN
Koen Frenken; Luis R. Izquierdo; Paolo Zeppini;
  • Subject: variety, network externalities, lock-in, switching costs, recombinant innovations, transition, punctuated change
    • jel: jel:C15 | jel:O33

We propose a model of technological transitions based on two different types of innovations. Branching innovations refer to technological improvements along a particular path, while recombinant innovations represent fusions of multiple paths. Recombinant innovations cre... View more
  • References (13)
    13 references, page 1 of 2

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