5 Some Example Applications

5.2 A network model of technical change

The intricate mutual dependencies amongst technologies, mean that innovating is a tricky and uncertain business. One needs to acquire not only the knowledge embodied in the technologies but also knowledge on what the target technology depends on, so one can acquire these. Thus knowledge of a technology confers a context-dependent benefit - it depends on what other technologies you have access to. Here representing knowledge as a numeric quality is not adequate, but a minimal level of context-dependency can be introduced by representing the technologies as a network that innovation occurs in only if the dependent technologies are also accessible. for more details on this see [5].

The Role of Expressiveness in Modelling Structural Change - Bruce Edmonds - 16 MAY 96

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