Abstract

Various scholars have tried to focus on growth accounting of specific examples of general purpose technologies (GPTs). However, what are the factors that might make a GPT succeed or fail once the invention has been “triggered?” This article is a preliminary answer to this question and attempts to study GPTs from an ex-ante perspective trying to understand the strategic behavior, business model and performance of producer firms and what the factors are that can favor or hamper diffusion in the application sectors. The article follows a historical perspective on a control technology, introduced in the last few decades by a silicon valley start-up company.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.