Political systems shape institutions and govern institutional change supporting economic performance, production and diffusion of technological innovation. This study shows, using global data of countries, that institutional change, based on a progressive democratization of countries, is a...

Institutional change explains the change of institutions considered as rules and expectations that govern human interactions and paths of development in society. This conceptual paper describes, with an historical perspective, the most important definitions of institution and of institutional...

The main aim of this study is to explain how institutional change, based on processes of democratization, governs the origin and diffusion of technological innovation across economies. This study suggests that institutional change, based on a progressive democratization of countries, is a...

What is a disruptive innovation? This study confronts this question here by presenting different approaches, which endeavor to explain the dynamic behavior of disruptive technologies in competitive markets. Firstly, this study introduces destructive technology as a radical innovation, based on...

Technology is a complex system formed by different elements given by incremental and radical innovations to satisfy needs, achieve goals and/or solve problems of adopters to take advantage of important opportunities or to cope with consequential environmental threats. This study suggests...

This study suggests a new concept of technology that is a main element of the system of technological change in society: killer or disruptive technology is a based on new products and/or processes that destroys the usage of established products/processes sold and used. The behavior of killer...

This study proposes the theory of technological parasitism that may be useful for bringing a new perspective to explain and generalize the evolution of technology directed to sustain competitive advantage of firms and nations. Technological parasitism explains the relationship of mutualistic...

The study suggests that the long-run evolution of any technologies depend on the interaction with other technologies. This proposed interpretation of the evolution of technology is explained with the concept of technological parasitism, in broad analogy with the evolutionary ecology....

The theorem of not independence of any technological innovation states that in the long run, the behavior and evolution of any technological innovation is not independent from the behavior and evolution of the other technological innovations. The philosophical foundations of this theory are...

John Rae has recently been rediscovered as a precursor of the endogenous growth theory. This study argues that Rae needs to be rediscovered a second time for his original contribution to clarify the role of the innovation and technical change within the economic systems. The aim of this paper is...