Introduction
How technologies become cheaper?
Example with cameras
Learning Mechanisms and where/why they primarily occur
Learning-by-doing: in the production process
Learnin-by-searching: due to R&D
Learning-by-using: due to customer feedback
Learning-by-interacting: due to network interaction
Up-/downsizing or redesigning: due to changes in the technology size/design
Economies of scale: due to mass production
-> overlap, can’t be distinguished normally
Experience Curve
Relation between total technology cost and cumulative output, which is linear on a log-log scale
Cost reduction declines at a constant rate with every doubling of the cumulative output: this constant rate is called the Learning Rate
Calculation of the Learning Rate:
Last changeda year ago
