The contribution of this paper is twofold. First, it presents the results of a “history-friendly” simulation model of evolution of the pharmaceutical industry. Second, it aims at contributing to a more general methodological discussion about agent-based models by proposing an econometric...

This paper examines how the nature of the technological regime governing innovative activities and the structure of demand interact in determining market structure, with specific reference to the pharmaceutical industry. The key question concerns the observation that—despite high degrees of...

Este artículo pretende analizar los factores que influyen en el alcance (catching up) de seis diferentes sistemas sectoriales —el automotriz, el de las telecomunicaciones, el farmacéutico, el de software, el de los semiconductores, el agroalimentario— en distintos países: China, India,...

In recent years many new international market leaders from the BRICS countries have emerged in several manufacturing and service industries. This change has been associated with the rise and growth of large successful firms from these countries. How did these companies emerge and become...

Do the additionality effects of R&D tax credits vary across sectors? The paper presents a microeconometric analysis of this question for three countries: Norway, Italy and France. We use a panel of firm-level data from three waves of the Innovation Surveys carried out in these countries,...

The history of a number of industries is marked by a succession of eras, associated with different dominant technologies. Within any era, industry concentration tends to grow. Particular eras are broken by the introduction of a new technology which, while initially inferior to the established...