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The challenging economics of technology learning: Lessons from wind power
Luleå University of Technology, Department of Social Sciences, Technology and Arts, Social Sciences.ORCID iD: 0000-0003-2264-7043
2025 (English)In: Encyclopedia of Energy, Natural Resource, and Environmental Economics / [ed] Tommy Lundgren; Moriah Bostian; Shunsuke Managi, Elsevier, 2025, 2, p. 128-136Chapter in book (Refereed)
Abstract [en]

This chapter discusses the concept of learning-by-doing in the technology development process and reviews some of thechallenges encountered when measuring learning effects. The review draws on lessons from the wind power industry, andreveals that these challenges will be linked to (a) the incorporation of other causes of cost reductions beyond that ofcumulative experience, e.g., R&D, scale effects, and exogenous technological change; (b) the geographical domain of learningand R&D spillovers; and (c) the character and the complexity of the technological development process, including theinteraction and feedback effects between learning-by-doing and R&D. This is followed by a brief discussion about policyimplications.

Place, publisher, year, edition, pages
Elsevier, 2025, 2. p. 128-136
Keywords [en]
Endogenous technological change, Learning-by-doing, Policy, R&D, Wind power
National Category
Economics and Business
Research subject
Economics
Identifiers
URN: urn:nbn:se:ltu:diva-111608DOI: 10.1016/B978-0-323-91013-2.00019-8ISBN: 978-0-323-91407-9 (print)OAI: oai:DiVA.org:ltu-111608DiVA, id: diva2:1937292
Available from: 2025-02-12 Created: 2025-02-12 Last updated: 2025-10-21

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Söderholm, Patrik

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