What term best describes the characteristic of a process if past circumstances could exclude certain evolutions in the future?
A)Path dependence
B)Correlated research strategies
C)Evolutionary economics
D)Dynamic efficiency
E)Dynamic capabilities

Question

Quizplus · Accepted Answer

Path dependence refers to the idea that past events and circumstances can have lasting effects on the trajectory of a process or system. In other words, the historical path taken may limit or prevent future outcomes from occurring.

What Term Best Describes the Characteristic of a Process If