In this paper, we develop themes from complexity and chaos theory that help to explain the technological change process. We apply two quantifiers, correlation dimensions and Lyapunov exponents, to examine the signs and degrees of chaotic technological dynamics. To illustrate our ideas, we study...

Economic theory predicts that policies that discourage the consumption of a particular good will induce innovation in a socially desirable substitute. However, the literature on technology trajectories emphasizes the possibility of innovation waves associated with the identification of new...

The introduction and significant momentum on diffusion of wind power as a new technology for energy production involve a push for changing the institutional framework in the energy sector. The introduction of hydro (electric) power technology and the following institutional change process may be...

The introduction and significant momentum on diffusion of wind power as a new technology for energy production involve a push for changing the institutional framework in the energy sector. The introduction of hydro (electric) power technology and the following institutional change process may be...