The Economics of Localized Technological Change and Industrial Dynamics

By: C. Antonelli, Cristiano Antonelli (Editor)

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Hardcover | 31 December 1994

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192 Pages

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25.4 x 17.15 x 1.91

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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.

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You Can Find This Book In

Non-Fiction Science Science in General Impact of Science & Technology on Society Engineering & Technology Industrial Chemistry & Manufacturing Technologies Industry & Industrial Studies Economics Microeconomics Economic Theory & Philosophy Business & Management Organisational Theory & Behaviour

Economics of Industrial Organisation

Acknowledgements
Introduction: Localized technological change. A survey and critique	p. 1
Adjustment costs: Switching versus innovating	p. 19
The dynamics of localized technological change. A model incorporating switching costs and RandD expenditures with endowment advantages	p. 27
Localized technological change demand pull and productivity growth. A microeconomic model with adjustment costs	p. 43
The diffusion of localized technological changes	p. 53
Productivity growth and the diffusion of new technological systems. The case of new information technology	p. 74
Localized technological change and industrial organization	p. 91
Localized technological change, technical diversity and global market dynamics	p. 99
Diversification versus specialization: Generic and localized knowledge	p. 107
Networks: Variety and complementarity	p. 125
The dynamics of networks	p. 135
Conclusions	p. 152
Bibliography	p. 167
Index	p. 177
Table of Contents provided by Blackwell. All Rights Reserved.

The Economics of Localized Technological Change and Industrial Dynamics

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Hardcover

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