Yamamura, Eiji; Sonobe, Tetsushi; Otsuka, Keijiro - In: Journal of Evolutionary Economics 15 (2005) 2, pp. 169-186
This study attempts to explore how an industry evolves over time based on a case study of the motorcycle industry in Japan from 1948 to 1964. Using individual firm data, we estimate the determinants of technology improvement and firm growth separately for different development phases, after...