Skill transferability and the stability of transition pathways- A learning-based explanation for patterns of diffusion

Hötte K (2021)
Journal of Evolutionary Economics 31: 959–993.

Zeitschriftenaufsatz | Veröffentlicht | Englisch
 
Download
Es wurden keine Dateien hochgeladen. Nur Publikationsnachweis!
Abstract / Bemerkung
Understanding and governing technology transitions is essential to cope with major challenges of the 21st century such as climate change or digitization. In this paper, a learning-based approach is developed to explain the dynamics of different transition pathways. Technological know-how is necessary to make effective use of technical innovations embodied in capital. Firms and employees accumulate technology specific knowledge when working with specific machinery. Radical innovation differs by technology type and pre-existing knowledge may be imperfectly transferable across types. This paper addresses the implications of cross-technology transferability of skills for firm-level technology adoption and its consequences for the direction of macro-level technological change. A microeconomically founded model of technological learning is introduced. The model is based on empirical and theoretical insights from the innovation literature. In a simulation study using the macro-economic ABM Eurace@unibi-eco and applied to the context of green 2 technology diffusion, it is shown that a high transferability of knowledge has ambiguous effects. It accelerates the diffusion process initially but comes at the cost of long-term technological stability and specialization. For firms, it is easy to adopt new technology, but also easy to switch back to the incumbent type. Technological instability can be macroeconomically costly.
Erscheinungsjahr
2021
Zeitschriftentitel
Journal of Evolutionary Economics
Band
31
Seite(n)
959–993
ISSN
0936-9937
eISSN
1432-1386
Page URI
https://pub.uni-bielefeld.de/record/2952925

Zitieren

Hötte K. Skill transferability and the stability of transition pathways- A learning-based explanation for patterns of diffusion. Journal of Evolutionary Economics. 2021;31:959–993.
Hötte, K. (2021). Skill transferability and the stability of transition pathways- A learning-based explanation for patterns of diffusion. Journal of Evolutionary Economics, 31, 959–993. https://doi.org/10.1007/s00191-020-00710-7
Hötte, K. (2021). Skill transferability and the stability of transition pathways- A learning-based explanation for patterns of diffusion. Journal of Evolutionary Economics 31, 959–993.
Hötte, K., 2021. Skill transferability and the stability of transition pathways- A learning-based explanation for patterns of diffusion. Journal of Evolutionary Economics, 31, p 959–993.
K. Hötte, “Skill transferability and the stability of transition pathways- A learning-based explanation for patterns of diffusion”, Journal of Evolutionary Economics, vol. 31, 2021, pp. 959–993.
Hötte, K.: Skill transferability and the stability of transition pathways- A learning-based explanation for patterns of diffusion. Journal of Evolutionary Economics. 31, 959–993 (2021).
Hötte, Kerstin. “Skill transferability and the stability of transition pathways- A learning-based explanation for patterns of diffusion”. Journal of Evolutionary Economics 31 (2021): 959–993.
Material in PUB:
Zitiert
Zitiert
Eurace@unibi-eco: A model of technology transitions. V1.1. Model documentation
Hötte K (2019) Universität Bielefeld Working Papers in Economics and Management; 08-2019.
Bielefeld: Bielefeld University, Department of Business Administration and Economics.
Zitiert

Export

Markieren/ Markierung löschen
Markierte Publikationen

Open Data PUB

Web of Science

Dieser Datensatz im Web of Science®

Suchen in

Google Scholar