What is path dependence Explain the concept using your own words and provide an example of path dependence (other than what we have already mentioned in class) List the 4 categories of innovation, the dimensions used for the categorization, and how each of the innovations fit into each of the categories

Question: What is path dependence? Explain the concept using your own words and provide an example of path dependence (other than what we have already mentioned

What is path dependence? Explain the concept using your own words and provide an example of path dependence (other than what we have already mentioned in class).
List the 4 categories of innovation, the dimensions used for the categorization, and how each of the innovations fit into each of the categories.

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Path Dependence Path dependence refers to a concept where the outcome of a situation or the development of a system is influenced by its historical tr... View full answer

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