Threshold models of technological transitions

P. Zeppini, K. Frenken, R. Kupers

Research output: Book/ReportReportAcademic

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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.
Original languageEnglish
Place of PublicationEindhoven
PublisherTechnische Universiteit Eindhoven
Number of pages26
Publication statusPublished - 2013

Publication series

NameECIS working paper series
Volume201306

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