This paper presents the problem of satiation in relation to a model of evolutionary endogenous growth. The model represents an attempt to provide an evolutionary economic micro foundation to Pasinetti's scheme of the structural economic dynamics of a labour economy. Like this scheme the model...

This paper contributes with two new findings to the literature on how universities contribute to industrial development. First, it argues and substantiates quantitatively through logistic regression models that introduction of academically skilled graduates in small, know-how-based firms can be...

This paper inquires how the concept of the "learning economy" can be applied to the requirements of developing countries. The main purpose is to develop an analytical framework to better understand how learning and capability formation can foster industrial upgrading. Special emphasis is given...

This paper addresses a puzzle: How is it possible that a country that has established a broad, export-oriented industrial base at record speed, remains vulnerable to the vicissitudes of international finance and currency markets? I argue that the Korean model that was tremendously successful for...

In this work, it is proposed to consider the evolution of markets for technological innovative products as a co-evolutionary process, where the product characteristics are the results of the interaction between producers technological advances and buyers’ preferences evolution. A...

Recently empirical studies have focused on how capabilities of new entering firms are important for the evolution of industries over time. The performance of new entrants appears to be significantly influenced by their pre-entry background. The general impression of the literature is that firms...

Several researchers looking at the development of international export specialisation patterns have shown that there is a general tendency for OECD countries to de-specialise. This finding is in contrast to findings made by other authors, working on technological specialisation. These authors...

The emergent “learning economy” is truly global in the sense that it deeply affects the whole world. The emergence of “learning societies”, though, is a process that takes place only in some regions, the patterns followed by this highly complex social process being far from converging....

The benefits of an international division of labour is never illustrated more clearly than in small developed nations like Denmark. Without many natural resources such countries can never be self sufficient and they need access to foreign markets in order for their firms to specialise and...

The aim of this paper is to develop and implement an empirical model of firm behaviour. The data applied are patent applications taken out by 16 multinationals within telecommunications. The first dimension of the model deals with the strategic behaviour of firms. Second dimension deals with the...