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Chapter 3. Technical Change and Industrial Dynamics as Evolutionary Processes

Dosi, Giovanni; Nelson, Richard R. - 2010

in industries where technological and organizational innovation is important. Indeed a large literature has grown up on … ways they evolve over time. Another domain concerns the nature of competition in such industries, wherein innovation and … briefly flag some fundamental aspects of economic growth and development as an innovation-driven evolutionary process. …

Persistent link: https://www.econbiz.de/10014025173

Heterogeneous innovations and growth under imperfect technology spillovers

Jo, Karam; Kim, Seula - 2024

We study how frictions in learning others' technology, termed "imperfect technology spillovers," impact firm innovation … strategies and the aggregate economy through changes in innovation composition. We develop an endogenous growth model that … generates strategic innovation decisions, where multi-product firms improve their products via own-innovation and enter new …

Persistent link: https://www.econbiz.de/10015163046

Innovation diffusion, technological convergence and economic growth

Andergassen, Rainer; Nardini, Franco; Ricottilli, Massimo - 2013

discovery and in the diffusion of a technological principle and their profit flow depends on how many firms adopt the innovation …

Persistent link: https://www.econbiz.de/10011730583

Using the salop circle to study scale effects in Schumpeterian growth models : why inter-sectoral knowledge diffusion matters

Gray, Elie; Grimaud, André - 2016

This paper analyzes the link between the fact that fully endogenous growth models exhibit (or not) the non-desirable scale effects property and assumptions regarding the intensity of knowledge diffusion. In that respect, we extend a standard Schumpeterian growth model by introducing explicitly...

Persistent link: https://www.econbiz.de/10011515411

Using the Salop Circle to Study Scale Effects in Schumpeterian Growth Models : Why Inter-Sectoral Knowledge Diffusion Matters

Gray, Elie - 2016

Persistent link: https://www.econbiz.de/10012984503

The Lindahl Equilibrium in Schumpeterian Growth Models : Knowledge Diffusion, Social Value of Innovations and Optimal R&D Incentives

Gray, Elie - 2014

What is the social value of innovations in Schumpeterian growth models? This issue is tackled by introducing the concept of Lindahl equilibrium in a standard endogenous growth model with vertical innovations which is extended by explicitly considering knowledge diffusion on a Salop (1979)...

Persistent link: https://www.econbiz.de/10013056813

Innovation Diffusion, Technological Convergence and Economic Growth

Andergassen, Rainer; Nardini, Franco; Ricottilli, Massimo - 2013

discovery and in the diffusion of a technological principle and their profit flow depends on how many firms adopt the innovation …

Persistent link: https://www.econbiz.de/10014037995

Training, Adverse Selection and Appropriate Technology : Development and Growth in a Small Open Economy

Eicher, Theo S. - 2012

Recent diffusion models cannot explain why the success of technology diffusion depends so critically on developing countries’ human capital levels. This paper examines three main issues. First, we endogenize both appropriate technologies and human capital formation. Second, we refine the human...

Persistent link: https://www.econbiz.de/10014169835

Mayflies and long-distance runners : the effects of new business formation on industry growth

Falck, Oliver - 2005

either mayflies or longdistance runners. -- Entry and exit ; growth ; hit-and-run competition ; innovation ; dynamic panel …

Persistent link: https://www.econbiz.de/10009424467

Mayflies and long-distance runners : the effects of new business formation on industry growth

Falck, Oliver - 2005

Persistent link: https://www.econbiz.de/10003219588