May 16, 2018
Similar papers 2
March 17, 2017
Experience curves are widely used to predict the cost benefits of increasing the deployment of a technology. But how good are such forecasts? Can one predict their accuracy a priori? In this paper we answer these questions by developing a method to make distributional forecasts for experience curves. We test our method using a dataset with proxies for cost and experience for 51 products and technologies and show that it works reasonably well. The framework that we develop hel...
December 24, 2019
In this work we use a proven model to study a dynamic duopolistic competition between an old and a new technology which, through improved technical performance - e.g. data transmission capacity - fight in order to conquer market share. The process whereby an old technology fights a new one off through own improvements has been named 'sailing-ship effect'. In the simulations proposed, intentional improvements of both the old and the new technology are affected by the values of...
August 9, 2019
Considering a broad family of technologies where a measure of performance (MoP) is difficult or impossible to formulate, we seek an alternative measure that exhibits a regular pattern of evolution over time, similar to how a MoP may follow a Moore's law. In an empirical case study, we explore an approach to identifying such a composite measure called a Figure of Regularity (FoR). We use the proposed approach to identify a novel FoR for diverse classes of small arms - bows, cr...
July 29, 2019
Killer technology is a radical innovation, based on new products and/or processes, that with high technical and/or economic performance destroys the usage value of established techniques previously sold and used. Killer technology is a new concept in economics of innovation that may be useful for bringing a new perspective to explain and generalize the behavior and characteristics of innovations that generate a destructive creation for sustaining technical change. To explore ...
April 16, 2024
Predicting stock price movements is a pivotal element of investment strategy, providing insights into potential trends and market volatility. This study specifically examines the predictive capacity of historical stock prices and technical indicators within the Global Industry Classification Standard (GICS) Information Technology Sector, focusing on companies established before 1980. We aim to identify patterns that precede significant, non-transient downturns - defined as de...
June 7, 2022
As it is pretty sure that Moore's law will end some day, questioning about the post-Moore era is more than interesting. Similarly, looking for new computing paradigms that could provide solutions is important. Revisiting the history of digital electronics since the 60's provide significant insights on the conditions for the success of a new emerging technology to replace the currently dominant one. Specifically, the past shows when constraints and {\guillemotleft} walls {\gui...
July 27, 2007
The modeling of technology succession and new technology adoption includes a wide array of techniques from complexity theory. In our previous work, we applied the results of the Windrum-Birchenhall model to technology policy and technology development strategies. However, as we began to explore the Windrum-Birchenhall simulation we discovered significant limitations in their model and felt that a new model was needed which could accommodate simultaneous macro and micro-level ...
October 5, 2020
The process of technological change can be regarded as a non-deterministic system governed by factors of a cumulative nature that generate cyclical phenomena. In this context, the process of growth and decline of technology can be systematically analyzed to design best practices for technology management of firms and innovation policy of nations. In this perspective, this study focuses on the evolution of technologies in the U.S. recorded music industry. Empirical findings re...
April 12, 2013
At the heart of technology transitions lie complex processes of social and industrial dynamics. The quantitative study of sustainability transitions requires modelling work, which necessitates a theory of technology substitution. Many, if not most, contemporary modelling approaches for future technology pathways overlook most aspects of transitions theory, for instance dimensions of heterogenous investor choices, dynamic rates of diffusion and the profile of transitions. A si...
December 30, 2012
This research examines relationship between staging of Venture Capital (VC) investments and social feedback visible in publicly available data on the Web. We address the question of Venture Capital investment sensitivity to performance and prospects of new venture, given as likelihood of obtaining future financing, available exit options and duration between investment rounds. We argue that in the case of Internet companies, publicly available social feedback data, such as se...