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The Oxford English Dictionary defines a paradigm as "a pattern or model, an exemplar; a typical instance of something, an example". [11] The historian of science Thomas Kuhn gave the word its contemporary meaning when he adopted the word to refer to the set of concepts and practices that define a scientific discipline at any particular period of time.
The structure–conduct–performance (SCP) paradigm, first published by economists Edward Chamberlin and Joan Robinson in 1933 [1] and subsequently developed by Joe S. Bain, is a model in industrial organization economics that offers a causal theoretical explanation for firm performance through economic conduct on incomplete markets.
Traditional business process models emphasize a procedural and/or graph-based paradigm (i.e., control flow). Thus, methodologies to design workflow in those models are typically process-centric. It has been argued that a data-centric perspective is more useful for designing business processes in the modern era.
A business process modeling of a process with a normal flow with the Business Process Model and Notation. Business process modeling (BPM) is the action of capturing and representing processes of an enterprise (i.e. modeling them), so that the current business processes may be analyzed, applied securely and consistently, improved, and automated.
As such, a technological paradigm is composed by some sort of model of the technology at stake (e.g. the model of a microprocessor) and by the specific technological problems posed by such model (e.g. increasing computational capacity, reducing dimensions, etc.). Therefore, technology is identified as a problem-solving activity in which the ...
The eclectic paradigm, also known as the OLI Model or OLI Framework (OLI stands for Ownership, Location, and Internalization), is a theory in economics. [ 1 ] [ 2 ] It is a further development of the internalization theory and published by John H. Dunning in 1979. [ 3 ]
The worldwide energy markets have seen massive changes the past few years. One major player believes there may be a new paradigm emerging in the offshore drilling space. While the space had ...
Innovation can be generated either by means of closed innovation or by open innovation paradigms. [3] [9] Some research argues that the potential of open innovation is exaggerated, while the merits of closed innovation are overlooked. [25] There is an ongoing debate on which paradigm will dominate in the future.