Paul David
American economist and professor at Stanford University, known for his research on technological change and economic growth. In 1990 he introduced the widely cited concept of the 'Productivity Paradox,' examining the lag between technology diffusion and measurable economic gains.
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The concept of Technology Lock-in was systematically elaborated by economists Brian Arthur, Paul David, and others in the 1980s, referring to a situation where, after a technology is widely adopted and embedded in organizational processes, switching costs are high enough to prevent change.
The concept of Path Dependence was originally proposed by economists Paul David and Brian Arthur in their research on technological evolution.
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The concept of Path Dependence was originally proposed by economists Paul David and Brian Arthur in their research on technological evolution.
60%UnverifiedThe concept of Technology Lock-in was systematically elaborated by economists Brian Arthur, Paul David, and others in the 1980s, referring to a situation where, after a technology is widely adopted and embedded in organizational processes, switching costs are high enough to prevent change.
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