The dynamics of knowledge externalities : localized technological change in Italy

Cristiano Antonelli, Federico Barbiellini Amidei

This book elaborates a new dependent and localized growth theory based upon knowledge externalities by making two important contributions. Firstly, it elaborates the hypothesis that total factor productivity growth stems from pecuniary knowledge externalities that consist in the access to localized external knowledge, at costs that are below equilibrium levels. Secondly, it implements the economic analysis of complex dynamic systems with a novel approach to understanding the role of knowledge interactions and knowledge governance mechanisms in the generation of new technological knowledge within economic systems characterized by webs of interdependence

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Year of publication:	2011
Authors:	Antonelli, Cristiano
Other Persons:	Barbiellini Amidei, Federico (contributor)
Institutions:	Edward Elgar Publishing (contributor)
Publisher:	Cheltenham : Edward Elgar
Subject:	Technischer Fortschritt \| Technological change \| Innovationsdiffusion \| Innovation diffusion \| Hochtechnologie \| High technology \| Externer Effekt \| Externalities \| Produktivität \| Productivity \| Wirtschaftswachstum \| Economic growth \| Italien \| Italy \| Wissensmanagement \| Innovation
Description of contents:	pt. 1. The localized generation and exploitation of technological knowledge and innovation -- pt. 2. The Italian evidence