The path dependency literature provides insights on the dynamic allocation processes in which events are non-ergodic and have multiple absorbing states. Technological change belongs to this class of processes. This paper contributes to this conceptual framework by analysing the distinction...

This paper studies the growth patterns in knowledge-intensive business services (KIBS) in Lombardy on the basis of original firm-level survey data. The aim is to investigate in particular the role of and interplay between age and size of firms and the modes of innovation in the process of...