An r&d program by one firm cannot replicate a successful technology developed by another firm. this is an example of Path dependency.
What is the meaning of path dependency?
Path dependence is the propensity for institutions or technologies to stick with a particular course of development as a result of their structural characteristics or their core values.
What are some examples of path dependence?
- Path dependency can also be the result of an unwillingness or inability to commit to change due to the costs involved.
- A town centered on a factory is a prime illustration of path dependence.
- For a variety of reasons, it is ideal for a factory to be situated away from residential areas.
What is path dependent risk?
Path-dependent risks occur when choosing the incorrect course would result in significant time, financial, or both losses.
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Answer:
Remus wished to begin the city on the Aventine Hill, while Romulus favored the Palatine Hill. So as to choose which sibling was correct they consented to counsel divination, where fowls are inspected to perceive what the divine beings supported.
The following qualifies as a social networking account:
A. Twitter
After thorough researching, as Brooke walked down
the dark street, her imagination began to cause her sympathetic nervous system
to respond, and then the characteristic that is not associated with her
sympathetic nervous system is the stimulation of adrenal glands.