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The Economics of Localized Technological Change and Industrial Dynamics : Economics of Science, Technology and Innovation - Cristiano Antonelli

The Economics of Localized Technological Change and Industrial Dynamics

Economics of Science, Technology and Innovation

Hardcover Published: 31st December 1994
ISBN: 9780792329107
Number Of Pages: 183

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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.

Introduction: Localized technological change. A survey and critiquep. 1
Adjustment costs: Switching versus innovatingp. 19
The dynamics of localized technological change. A model incorporating switching costs and RandD expenditures with endowment advantagesp. 27
Localized technological change demand pull and productivity growth. A microeconomic model with adjustment costsp. 43
The diffusion of localized technological changesp. 53
Productivity growth and the diffusion of new technological systems. The case of new information technologyp. 74
Localized technological change and industrial organizationp. 91
Localized technological change, technical diversity and global market dynamicsp. 99
Diversification versus specialization: Generic and localized knowledgep. 107
Networks: Variety and complementarityp. 125
The dynamics of networksp. 135
Conclusionsp. 152
Bibliographyp. 167
Indexp. 177
Table of Contents provided by Blackwell. All Rights Reserved.

ISBN: 9780792329107
ISBN-10: 0792329104
Series: Economics of Science, Technology and Innovation
Audience: Professional
Format: Hardcover
Language: English
Number Of Pages: 183
Published: 31st December 1994
Publisher: Springer
Country of Publication: NL
Dimensions (cm): 24.4 x 17.0  x 1.91
Weight (kg): 0.99