Security analysts offer a privileged entry point to study the collective construction of worth in markets characterized by Knightian uncertainty. Analysts have been portrayed as information-processors by neoclassic economists and as conformists by neo-institutional sociologists, but neither...

Innovation in a product's design can have significant implications for the organization of competencies across a production network. Currently, discussions on product designs and the distribution of competencies across production networks are based on transaction costs considerations. However,...

Many technology studies have conceptualized transitions between technological generations as a series of S-curve performance improvements over time. Surprisingly, the interregnum between successive generations has received little attention. To understand what happens in the interregnum, we study...

This paper employs path creation as a lens to follow the emergence of the Danish wind turbine cluster. Supplier competencies, regulations, user preferences and a market for wind power did not pre-exist; all had to emerge in a tranformative manner involving multiple actors and artefacts....