A crash R&D program by one firm cannot replicate a successful technology developed by another firm,when research findings cumulate.This is an example of
A) social complexity.
B) physical uniqueness.
C) path dependency.
D) causal ambiguity.

Question

Quizplus · Accepted Answer

Path dependency means that resources are unique and therefore scarce because of all that has happened along the path followed in their development and/or accumulation. A crash R&D program generally cannot replicate a successful technology when research findings cumulate. These path-dependent conditions build protection for the original resource. The benefits from experience and learning through trial and error cannot be duplicated overnight.

A Crash R&D Program by One Firm Cannot Replicate a Successful