The study suggests that the long-run evolution of any technologies depend on the interaction with other technologies. This proposed interpretation of the evolution of technology is explained with the concept of technological parasitism, in broad analogy with the evolutionary ecology....

John Rae has recently been rediscovered as a precursor of the endogenous growth theory. This study argues that Rae needs to be rediscovered a second time for his original contribution to clarify the role of the innovation and technical change within the economic systems. The aim of this paper is...