A number of features of innovation diffusion are identified: appropriability, diversity, expectations, selection, learning, and spillover externalities. A dynamic model is formul ated to embed the diffusion question into a more general framework of disequilibrium competition. The model...

This work prepared for B. Hall and N. Rosenberg (eds.) Handbook of Innovation, Elsevier (2010), lays out the basic premises of this research and review and integrate much of what has been learned on the processes of technological evolution, their main features and their effects on the evolution...

This working paper reports the main lines of discussion that developed during a four-day workshop held August 10-13, 1995, at the Santa Fe Institute, Santa Fe, New Mexico. The workshop was devoted to exploring the difficulties and promise of current research on organizational routines and...

Empirically the diffusion of competing technologies most often displays either "lock-in" to a quasi-monopoly or apparent turbulence but rarely stable market-sharing. In contrast with widespread views, we show that, first, unbounded increasing returns are neither necessary nor sufficient to lead...

This paper presents the family of the Keynes+Schumpeter (K+S, cf. Dosi et al, 2010, 2013, 2014) evolutionary agent-based models, which study the effects of a rich ensemble of innovation, industrial dynamics and macroeconomic policies on the long-term growth and short-run fluctuations of the...