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Evolutionary economists have tended to assess firms and industries separately, neglecting the role of their interaction … in the process of economic growth and development. We trace the separation of firms and industries to Marshall, whose … industries. Penrose avoids the industry concept by focussing on heterogeneous firms, while Young and Steindl develop mundane …
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Although there exists a vast literature on convergence and divergence of income levels across countries or regions at the aggregate level, there is only little work on convergence and/or diver- gence processes of productivity and wage levels at the more disaggregated industrial level. These are...
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remaining EU Member States. Focusing on value added generated by the manufacturing sector, the industries which build the …
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