Pyka, Andreas; Saviotti, Paolo - Institut für Volkswirschaftlehre, Fakultät für … - 2002
result of any such
innovation is to create a potential market which, however, is initially empty because there is
no … empty. This situation is
formally represented in our model by saying that an innovation creates an adjustment gap,
equal … change described above are common to the
evolution of any innovation which is significant enough to create a new sector. On …