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This paper reviews the emergence and evolution of major topics in economics of innovation. Throughout the paper … the development of a more general theory of the determinants and the effects of TC. In turn, such theory has to deal …
Persistent link: https://www.econbiz.de/10010263572
innovation, which creates a new market and into and out of which there are entry and exit of firms. Depending on the inter … of growth and in the end to increasingly skewed world income distribution. …
Persistent link: https://www.econbiz.de/10010298845
The long-run evolution of per-capita income exhibits a structural break often associated with the Industrial Revolution. We follow Mokyr (2002) and embed the idea that this structural break reflects a regime switch in the evolution of technological knowledge into a dynamic framework, using Airy...
Persistent link: https://www.econbiz.de/10011422148
This paper analyzes how the qualitative change in human labor occurs in mutual dependence with the advancement of the epistemic base of technology. Historically, a recurrent pattern can be identified: humans learned to successively transfer labor qualities to machines. The subsequent release of...
Persistent link: https://www.econbiz.de/10010327342
firms constantly searching for technological improvements. Both innovation and imitation processes are modeled and …
Persistent link: https://www.econbiz.de/10010328390
enterprises' operational environment. This article contributes to environmental innovation literature by providing a comprehensive … this context, the prime issue is how the perception of climate change affects corporate innovation processes. Firstly, the …
Persistent link: https://www.econbiz.de/10010280796
This paper offers a sketch of what an economic theory of the firm would look like if it were founded on the thought of … Joseph Schumpeter, particularly on Chapters 1-2 of his Theory of Economic Development. Schumpeterian analysis requires an … particular, a conceptualization relevant to complex organizations and complex tasks. It is argued that the production theory …
Persistent link: https://www.econbiz.de/10010331098
In this note we compare the laissez-faire steady-state solution in the Howitt and Aghion (1998) model to the social optimum. The analysis offers several new insights in comparison to the welfare analysis in Aghion and Howitt (1992). We find various new distortions between private and optimal...
Persistent link: https://www.econbiz.de/10010262488
-oriented reasonings, leading to a neglect of the innovation dimension. This paper analyses to what extent evolutionary theories of … competition and innovation economics can be used to derive additional, new criteria for the assessment of vertical restraints. It … is shown that Neo- Schumpeterian and Hayekian approaches to competition and innovation economics as well as knowledge …
Persistent link: https://www.econbiz.de/10010265763
Production' and 'transfer' of knowledge, and the role of institutions, are two major conceptual tenets of Innovation … paper discusses how such conceptual framework matters for the analysis of innovation processes and what are its policy …
Persistent link: https://www.econbiz.de/10010277899