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This paper sketches a co-evolutionary model of the change dynamics characterizing industries submitted to radical transformation of their technological-institutional-economic structures. These structural changes take place within a rather long-term dynamics of innovation whose trajectory and...
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Drawing upon evolutionary economics and resource-based approaches, the author utilises US patent data from 1930-1990 to … change. The book explores the changing nature of this diversification with respect to firm size, technological relatedness …-purpose technologies. Although historically, diversification is associated with an increase in firm size, the author argues that in recent …
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