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...
Main Authors: | , , , |
---|---|
Other Authors: | |
Format: | Article |
Language: | English |
Published: |
National Academy of Sciences (U.S.),
2011-12-05T21:40:42Z.
|
Subjects: | |
Online Access: | Get fulltext |