The Role of Design Complexity in Technology Improvement

We study a simple model for the evolution of the cost (or more generally the performance) of a technology or production process. The technology can be decomposed into n components, each of which interacts with a cluster of d - 1 other components. Innovation occurs through a series of trial-and-error...

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Bibliographic Details
Main Authors: McNerney, James M. (Author), Farmer, J. Doyne (Author), Redner, Sidney (Author), Trancik, Jessika E. (Contributor)
Other Authors: Massachusetts Institute of Technology. Engineering Systems Division (Contributor)
Format: Article
Language:English
Published: National Academy of Sciences (U.S.), 2011-12-05T21:40:42Z.
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