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This paper attempts to integrate advances in the economics of technological change into the economic analysis of the evolution of the telecommunications industrial organization and to show that technological change should be considered as an endogenous, path-dependent and clay factor of change...
Persistent link: https://www.econbiz.de/10005747018
The new understanding of the characteristics of knowledge indivisibility and knowledge appropriability makes it possible to appreciate the key role pecuniary externalities play both in the generation and in the exploitation of technological knowledge. Pecuniary externalities affect access to...
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ANTONELLI C. (2000) Collective knowledge communication and innovation: the evidence of technological districts, Reg. Studies 34 , 535-547. Technological knowledge is a collective good in that its generation is the result of a process that combines pieces of information and knowledge that are...
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The paper implements the Schumpeterian notion of creative reaction to articulate and test the hypothesis that the shift to the knowledge economy in advanced economies is the result of the creative reaction of firms, caught in out - of - equilibrium conditions by the fast globalization of product...
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The paper articulates and tests the hypothesis that innovation is a major factor in the reduction of income inequalities. The relationship between the pace of technological change and the dynamics of income inequalities has been first suggested by Kuznets (1955), but found little elaboration and...
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Evolutionary economics has finally recognized the limits of biological analogies and is now able to apply the tools of complexity analysis. A better appreciation of the Schumpeterian legacy can help building better foundations to this new phase of evolutionary economics. The paper uncovers the...
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