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Technological revolutions mark profound transformations in socio-economic systems. They are associated with the diffusion of general purpose technologies that display very high degrees of pervasiveness, dynamism and complementarity. This paper provides an in-depth examination of the technologies...
Persistent link: https://www.econbiz.de/10012060662
This project explores the development of Artificial Intelligence (AI) and its impact on business models, market structure, organization and work. By adopting a history-friendly perspective, the present contribution traces a stylized history of the AI technological domain in order to highlight...
Persistent link: https://www.econbiz.de/10012651847
The Internet technology has radically transformed the computer and communication world, with revolutionary effects on economic and social systems at a global level. Its invention is the result of a collective research effort performed by computer scientists and telecommunications, electrical,...
Persistent link: https://www.econbiz.de/10012651848
The adverse effects of the climate crisis call for a structural change in the economy toward less environmentally disruptive development pathways. To address decarbonisation, hydrogen seems to be the most promising element to complement renewable energy. However, the dominant technology for its...
Persistent link: https://www.econbiz.de/10015209791
This paper posits that what has been currently understood as a new return of industrial policies is actually a vague and rhetorical usage of the notion, as the current framework lacks the proper understanding of industrial policies as instruments to firstly, orient the rate and direction of...
Persistent link: https://www.econbiz.de/10015209826
In this work we discuss the research findings from the labour-augmented Schumpeter meeting Keynes (K+S) agent-based model. It comprises comparative dynamics experiments on an artificial economy populated by heterogeneous, interacting agents, as workers, firms, banks and the government. The...
Persistent link: https://www.econbiz.de/10013466676
Persistent link: https://www.econbiz.de/10013468411
When complexity meets economics, complexity economics turns out to be something more than simple interactions across individuals/entities, it turns into what has been labelled the bicycle postulate made of two components, coordination and change. Granted the ''Complex evolving system approach'',...
Persistent link: https://www.econbiz.de/10014318957
This essay outlines the evolutionary research agenda thoroughly explored in its microeconomic aspects in the forthcoming Manual, The Foundations of Complex Evolving Economies. Part One: Innovation, Organization and Industrial Dynamics, Oxford University Press, 2023. But is there an...
Persistent link: https://www.econbiz.de/10014318959
This position paper outlines the characteristics of the trends at stake in affecting the twin transition in the European automotive industry, and the political economy of the actors behind such transition. We first describe the automation and digitalization processes in the automotive sector and...
Persistent link: https://www.econbiz.de/10014541716