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: | , , , |
---|---|
Format: | Journal article |
Language: | English |
Published: |
2011
|