Explaining Technology by Roger Koppl
A long tradition explains technological change as recombination. Within this tradition, this Element develops an innovative combinatorial model of technological change and tests it with 2,000 years of global GDP data and with data from US patents filed between 1835 and 2010. The model explains 1) the pace of technological change for a least the past two millennia, 2) patent citations and 3) the increasing complexity of tools over time. It shows that combining and modifying pre-existing goods to produce new goods generates the observed historical pattern of technological change. A long period of stasis was followed by sudden super-exponential growth in the number of goods. In this model, the sudden explosion of about 250 years ago is a combinatorial explosion that was a long time in coming, but inevitable once the process began at least two thousand years ago. This Element models the Industrial Revolution as a combinatorial explosion.-
Making Sense of Economic Change
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An Evolutionary Approach to Secular Stagnation
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Evolutionary Selection and Keynes–Schumpeter Macroeconomics
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A Reconsideration of the Theory of Non-Linear Scale Effects
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Evolutionary Economics
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Evolutionary Price Theory
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Institutional Acceleration
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The Dynamic Metacapabilities Framework
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Agent-based Macroeconomics
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Entrepreneurship and Evolutionary Economics
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Evolutionary Games and the Replicator Dynamics
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Industrial Policy
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Coevolution in Economic Systems
| SKU | Unavailable |
| ISBN 13 | 9781009386258 |
| ISBN 10 | 1009386255 |
| Title | Explaining Technology |
| Author | Roger Koppl |
| Series | Elements In Evolutionary Economics |
| Condition | Unavailable |
| Binding Type | Paperback |
| Publisher | Cambridge University Press |
| Year published | 2023-08-31 |
| Number of pages | 75 |
| Cover note | Book picture is for illustrative purposes only, actual binding, cover or edition may vary. |
| Note | Unavailable |