kaal:claim:3782205-002
The electrical revolution took more than a century to mature because uniform standards for production, transmission, storage, and utilization had to be developed first, and decentralization faces the same standards bottleneck.
Source quote, verbatim
This is similar to the electrical revolution that took more than a century to come to fruition, because of the need to develop uniform standards for production, trans- mission, storage, and utilization.
From
Craig Calcaterra, Wulf A. Kaal, Eight Institutions for the Evolution of Decentralization (2021), Chapter 9. Eight institutions, p. 1
https://ssrn.com/abstract=3782205 · source PDF
Cite as
Craig Calcaterra, Wulf A. Kaal, Eight Institutions for the Evolution of Decentralization (2021). SSRN: https://ssrn.com/abstract=3782205
Holds when
Classification
mechanismsupport: assertedinnovation
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