The performance of new companies coming from the demand side of the semiconductor industry is examined and compared with the performance of entrants coming from the semiconductor industry itself and with other types of entrants. By using a dataset of more than 1000 start-ups founded between 1997...

This article claims that catching up is a learning process that requires a long time and often differs significantly across economic sectors in the factors leading to success or failure. We support these claims by examining the major factors affecting catching up by several countries in six...

We argue that the distinction between tacit and codified knowledge is indeed very important, but it constitutes only a part of the categorization of the dimensions of knowledge relevant for understanding innovative activities and firms' and industrial evolution. In particular, we emphasize the...

This paper briefly reviews the sources of the diversity of innovative activity within industries, and interprets the literature to suggest that there are three ways in which such diversity may stimulate technological progress, including a selection effect, a breadth effect and a complementarity...

This introduction sets in context the works that follow, which are meant to take stock of the theoretical advances and also historical changes since the seminal Arrow (1962) and Nelson (1959). First, we summarize some of the original Arrow--Nelson insights. Second, we map the subsequent...

In this article, we present a history-friendly model of the changing vertical scope of computer firms during the evolution of the computer and semiconductor industries. The model is "history-friendly," in that it attempts at replicating some basic, stylized qualitative features of the evolution...

The special issue is introduced and contextualised. “Technological paradigms” emerged as “science push” models of innovation were being displaced by “demand pull” models that justified a more international, market-focussed political economy. Technological paradigms help explain the...