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Chapter 25 Agent-based Models of Innovation and Technological Change

Dawid, Herbert - In: Handbook of computational economics : volume 2, …, (pp. 1235-1272). 2006

of innovation and technological change. It is argued that, on the one hand, several genuine properties of innovation … dealing with issues of innovation and technological change is given and the contribution of these studies is discussed …

Persistent link: https://www.econbiz.de/10014024380

Chapter 11. Technological change and the Environment

Jaffe, Adam B.; Newell, Richard G.; Stavins, Robert N. - In: Handbook of environmental economics : volume 1, …, (pp. 461-516). 2003

technological change, and then examine theory and empirical evidence on invention, innovation, and diffusion and the related …

Persistent link: https://www.econbiz.de/10014023934

Evolutionary thinking in environmental economics

Bergh, Jeroen C. J. M. van den - 2007

Evolutionary and environmental economics have a potentially close relationship. This paper reviews past and identifies potential applications of evolutionary concepts and methods to environmental economics. This covers a number of themes: resource use and ecosystem management; growth and...

Persistent link: https://www.econbiz.de/10011350354

Chapter 18. General Purpose Technologies

Bresnahan, Timothy - 2010

This chapter selectively surveys the literature on general purpose technologies (GPTs), focusing on incentives and aggregate growth implications. The literature on classical GPTs (steam, electricity, computers) and on classical great economic transformations (industrial revolutions, the...

Persistent link: https://www.econbiz.de/10014025153

The dynamics of innovation

Garfagnini, Umberto; Strulovici, Bruno - 2010

We analyze social learning and innovation in an overlapping generations model in which available technologies have … path of a Brownian motion with drift. Marginal innovation consists in choosing a technology within the convex hull of … policies already explored and entails no direct cost. Radical innovation consists in experimenting beyond the frontier of that …

Persistent link: https://www.econbiz.de/10008758960

Distribution and growth in an economy with limited needs

Saint-Paul, Gilles - 2001

This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...

Persistent link: https://www.econbiz.de/10011401020

The dynamics of skills : technology and business cycles

Cirillo, Valeria; Pianta, Mario; Nascia, Leopoldo - 2015

except managers experience job losses that are mainly driven by the introduction of process innovation. In services, a … hold. During the downswing most established links break down; in particular, product innovation loses its positive impact …

Persistent link: https://www.econbiz.de/10011390045

Pervasive enough? : general purpose technologies as an emergent property

Korzinov, Vladimir V.; Savin, Ivan - 2016

We propose a novel model of knowledge discovery shedding light on the emergence of General Purpose Technologies (GPTs), the process which has been largely neglected in the literature on technological change. We demonstrate that GPTs emerge only when certain conditions with regard to the...

Persistent link: https://www.econbiz.de/10011557196

Carbon taxes, path dependency and directed technical change : evidence from the auto industry

Aghion, Philippe; Dechezleprêtre, Antoine; Hémous, David - 2012

innovation distinguishing between "dirty" (internal combustion engine) and "clean" (e.g. electric and hybrid) patents across 80 … tax-inclusive fuel prices. Furthermore, there is path dependence in the type of innovation both from aggregate spillovers … and from the firm's own innovation history. Using our model we simulate the increases in carbon taxes needed to allow …

Persistent link: https://www.econbiz.de/10009687266

Innovation clusters effects on adoption of a general purpose technology under uncertainty

Iritié, Bi Goli Jean Jacques - 2018

This paper analyzes the effect of innovation clusters on the adoption of a gen- eral purpose technology (GPT) and on … innovation cluster as a coordination mode of firms, improving the probability of the downstream firm to receive information about … that the effect of innovation clus- ters on the choice of qualities, the adoption behavior, levels of investment in R&D as …

Persistent link: https://www.econbiz.de/10011876194