The Economics of Localized Technological Change and Industrial Dynamics

1995
ISBN: 978-94-010-4225-3
Verlag: Springer Netherlands

Buch, Englisch, Band 3, 183 Seiten, Paperback, Format (B × H): 155 mm x 235 mm, Gewicht: 300 g

Reihe: Economics of Science, Technology and Innovation

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.

Zielgruppe

Research

Autoren/Hrsg.

Antonelli, Cristiano

Fachgebiete

• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Mikroökonomie
• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Wirtschaftstheorie, Wirtschaftsphilosophie
• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Industrielle Organisation

Inhaltsverzeichnis

1. Introduction: Localized technological change. A survey and critique.- One.- 2. Adjustment costs: Switching versus innovating.- 3. The dynamics of localized technological change. A model incorporating switching costs and R&D expenditures with endowment advantages.- 4. Localized technological change demand pull and productivity growth. A microeconomic model with adjustment costs.- 5. The diffusion of localized technological changes.- 6. Productivity growth and the diffusion of new technological systems. The case of new information technology.- Two.- 7. Localized technological change and industrial organization.- 8. Localized technological change, technical diversity and global market dynamics.- 9. Diversification versus specialization: Generic and localized knowledge.- 10. Networks: Variety and complementarity.- 11. The dynamics of networks.- 12. Conclusions.