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The overall objective of this paper is to contribute conceptually to the questions why and how regions transform and it joins the debate on economic evolution and institutional change. The paper addresses the challenge of how to conceptualise the interdependencies of institutions of different...
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) evolutionary approach of industrial processes and changes that are embedded in the systems of innovation approach. The aim of this …
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We investigate how variety affects the innovation output of a region. Borrowing arguments from theories of recombinant … innovation, we expect that related variety will enhance innovation as related technologies are more easily recombined into a new … technology. However, we also expect that unrelated variety enhances technological breakthroughs, since radical innovation often …
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this context, our article reviews the evidence of Luigi Orsenigo’s contribution to the economics of innovation, to the … conditions, and cumulativeness in these emerging industries. Rooted in the evolutionary economics tradition, this approach is … better suited in explaining the patterns of innovation, technological change, and the growth in very dynamic industries. In …
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