Technological competition in the packaging market
Abstract
This paper analyses the dynamic features of the innovation process by examining technological
competition in the drinks packaging market
in Spain over a 20
-
year period.
Specifically
the stud
y
compares the two properties that, according to the evolutionist approach, characterise the process
of dissemination and competition among alternative technologies performing one and the same
function. As a result, the paper shows that in this market the
process of innovation is (1) path
-
dependent and (2) partially irreversible.