The Economics of Localized Technological Change and Industrial DynamicsSpringer Science & Business Media, 1995 - 181 páginas The concept of localized technological change is emerging at the crossroads of different approaches to the economics of innovation and new technologies. The term `localized technological change' refers to the introduction of technological changes which make possible an increase in total factor productivity within only a limited range of techniques defined by the levels of factor intensity. This contrasts with `generalized technological change', which is defined as the global shift of all the techniques represented on the map of isoquants of the neoclassical tradition. The Economics of Localized Technological Change elaborates the notion of localized technology with respect to firms, factor substitution, sectors, regions and techniques. It also assesses the implications for industrial policy, technology and innovation policy. The book will be of interest to corporate policy makers, scholars of industrial organization and economics of innovation as well as business school students. |
Contenido
Introduction Localized technological change A survey and critique | 1 |
Adjustment costs Switching versus innovating | 19 |
The dynamics of localized technological change A model incorporating switching costs and RD expenditures with endowment advantages | 27 |
Localized technological change demand pull and productivity growth A microeconomic model with adjustment costs | 43 |
The diffusion of localized technological changes | 53 |
Productivity growth and the diffusion of new technological systems The case of new information technology | 74 |
Localized technological change and industrial organization | 91 |
Localized technological change technical diversity and global market dynamics | 99 |
Diversification versus specialization Generic and localized knowledge | 107 |
Networks Variety and complementarity | 125 |
The dynamics of networks | 135 |
Conclusions | 152 |
Bibliography | 167 |
177 | |
Otras ediciones - Ver todas
The Economics of Localized Technological Change and Industrial Dynamics Cristiano Antonelli Vista previa limitada - 2012 |
The Economics of Localized Technological Change and Industrial Dynamics Cristiano Antonelli Sin vista previa disponible - 2012 |
Términos y frases comunes
adjustment costs advantages analysis Antonelli approach appropriate assume barriers to entry bounded rationality Cambridge change is localized character characterized competitive complementarity consequently demand curve development activities diffusion of innovations diversification dynamics economic system economies of scale effects efficiency elaborated elasticity of substitution epidemic equation equilibrium fact factor costs factor prices gross investment Hence heterogeneity high levels higher imitation increasing returns innovated capital innovating firms innovation activities interaction intermediary inputs interrelatedness introduction of technological isoquants Kaldor levels of inputs limited localized knowledge localized technological change microeconomic network externalities nological change notion of localized organization organizational outcome output pecuniary externalities possible potential adopters process innovations product innovations production factors production function production process productivity growth profitability rates of growth reduce relative prices relevant research and development revenue role Schumpeterian specific subadditive sunk costs switching costs tech technical change techniques technological externalities technological knowledge tion total factor productivity
Referencias a este libro
International Technology Transfer and Catch-up in Economic Development Slavo Radošević Vista de fragmentos - 1999 |
The Economics of Innovation, New Technologies and Structural Change Cristiano Antonelli Sin vista previa disponible - 2002 |