Path-dependency refers to resources that arise from a
A) competitive price war
B) series of events occurring over time
C) patent infringement
D) change in government policy

Question

Quizplus · Accepted Answer

Path-dependency refers to the resources that arise from a series of events occurring over time. It means that the current state of a system or organization is dependent on its past decisions and events. Path-dependency is a key concept in understanding the evolution of institutions, industries, and economies.

Path-Dependency Refers to Resources That Arise from a