Technological changes are understood as part of a learning process. Even if a share of knowledge is built outside organizations, the adoption and diffusion of new technologies go through the ability of agents to absorb and retain information. Managerial ability to decode external information and...

Technological changes, when taken exogenously, would be represented by upward shifts in the production curve. The evolutionary approach of economic growth is an alternative to study technological change as endogenous and dynamic process, in which the accumulation of capital takes strategic role...