Technological change in the network (ICT) industry has been well noted. Can Technological change be addressed by board of directors of these companies? If so, is it possible for these directors to use their networks to learn or follow fads and cope up with technological change. In this paper...

The main problem that a scientist encounters in analyzing the interaction between socio-economic and technological evolution is emergence. Emergence denotes the occurrence of unforeseen events, patterns of behavior. Shortly it is the surprise information that derails accepted knowledge....

This chapter reviews the theoretical and empirical literature on learning by doing. Many of the distinctive theoretical implications of learning by doing have been derived under the assumption that the cost–quantity relationships observed in numerous empirical studies are largely the result of...