Please use this identifier to cite or link to this item: https://doi.org/10.1109/ICMIT.2010.5492767
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dc.titleExponential improvements and increasing returns to scale
dc.contributor.authorFunk, J.
dc.date.accessioned2014-06-19T09:49:23Z
dc.date.available2014-06-19T09:49:23Z
dc.date.issued2010
dc.identifier.citationFunk, J. (2010). Exponential improvements and increasing returns to scale. 5th IEEE International Conference on Management of Innovation and Technology, ICMIT2010 : 506-511. ScholarBank@NUS Repository. <a href="https://doi.org/10.1109/ICMIT.2010.5492767" target="_blank">https://doi.org/10.1109/ICMIT.2010.5492767</a>
dc.identifier.isbn9781424465675
dc.identifier.urihttp://scholarbank.nus.edu.sg/handle/10635/75280
dc.description.abstractThis paper uses the concepts of "increasing returns to scale" (IRtS) and nested hierarchies of subsystems (NHoS) to explain the sources and implications of exponential improvements. IRtS exists to a greater extent in some technologies than in other technologies and realizing the benefits from IRtS often depends on the performance and cost of lower level "components" in a system's NHOS. On the other hand, when a component has a large impact on the cost and performance of a system and when the component exhibits increasing returns over a broad range of scale, the IRtS in the component can drive exponential improvements in the cost and performance of the system. © 2010 IEEE.
dc.description.urihttp://libproxy1.nus.edu.sg/login?url=http://dx.doi.org/10.1109/ICMIT.2010.5492767
dc.sourceScopus
dc.subjectComponents
dc.subjectExponential change
dc.subjectIncreasing returns to scale
dc.subjectNested hierarchies of subsystems
dc.subjectSystems
dc.typeConference Paper
dc.contributor.departmentDIVISION OF ENGINEERING AND TECH MGT
dc.description.doi10.1109/ICMIT.2010.5492767
dc.description.sourcetitle5th IEEE International Conference on Management of Innovation and Technology, ICMIT2010
dc.description.page506-511
dc.identifier.isiutNOT_IN_WOS
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