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The paper presents a model of endogenous growth in which firms are modeled as boundedly-rational, locally interacting, agents. Firms produce a homogeneous good employing technologies located in an open-ended technological space and are allowed to either imitate existing, similar practices or to...
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The paper, largely based on the introduction to Dosi (2012), elaborates on the main interpretative ingredients, methodology and challenges ahead of the evolutionary research program in economics. Telegraphically, such a perspective attempts to understand a wide set of economic phenomena -...
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This work prepared for B. Hall and N. Rosenberg (eds.) Handbook of Innovation, Elsevier (2010), lays out the basic … evidence concerning the nature and structure of technological knowledge the sources of novel opportunities, the dynamics … the firm in industries where technological and organizational innovation is important. Indeed a large literature has grown …
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interpretative achievements stemming from e.g. the economics of innovation, industrial economics, epistemilogy of knowledge, economic …
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and in particular of Intellectual Property Right (IPR) as incentives for technological innovation. We start with a … critical discussion of the standard justification of the attribution of IPR in terms of "market failures" in knowledge … generation. Such an approach we argue misses important features of technological knowledge and also neglects the importance of …
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