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We define international technological specialisation (ITS) as the technological performance of a country in a specific technology relative to its overall international technological performance. This paper uses patent applications and patent citations at the European Patent Office for five...
Persistent link: https://www.econbiz.de/10005396144
This paper examines how the nature of the technological regime governing innovative activities and the structure of demand interact in determining market structure, with specific reference to the pharmaceutical industry. The key question concerns the observation that—despite high degrees of...
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Interaction among autonomous decision-makers is usually modelled in economics in game-theoretic terms or within the framework of General Equilibrium. Game-theoretic and General Equilibrium models deal almost exclusively with the existence of equilibria and do not analyse the processes which...
Persistent link: https://www.econbiz.de/10005396104
This paper presents an evolutionary microeconomic theory of innovation and production and discusses its implications for development theory. Using the notions of technological paradigm and trajectory, it develops an alternative view of firm behavior and learning. It is shown then how these are...
Persistent link: https://www.econbiz.de/10005396105
This paper presents the basic ideas and methodologies of a set of contemporary contributions which are grouped under the general heading of "evolutionary economics." Some achievements--especially with regard to the analysis of technological change and economic dynamics--are illustrated, some...
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