The economics of innovation, new technologies and structural change /

The ongoing process of revising and rethinking the foundations of economic theory leads to great complexities and contradictions at the heart of economics. 'Economics of innovation' provides a fertile challenge to standard economics, and one that can help it overcome its many criticisms. T...

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Bibliographic Details
Main Author: Antonelli, Cristiano.
Format: eBook
Published: London ; New York : Routledge, 2003.
Series:Studies in global competition.
Online Access:CONNECT
Table of Contents:
  • Cover; Title page; Copyright page; Contents; List of figures; Foreword; Acknowledgments; 1 Introduction; PART I The building blocks; 2 Shifting heuristics in the economics of innovation; Introduction; The discovery of the residual: the origins of the economics of innovation; Manna, mines and technological opportunities; Biological grafts: epidemics and life cycles; Trajectories and technological paths; Collective knowledge and networks; Dangerous currents; The governance of knowledge commons; Innovation, technological change and economic structure: a systemic view; Conclusions.
  • 3 The retrieval of the economics of technological changeIntroduction; The rate and direction of technological change; The models of induced technological change; Conclusions; PART II Innovation and structural change; 4 Composition effects: the direction of technological change and the context of its introduction; Introduction; Composition effects; Relative factors prices, the direction of technological change and productivity growth; Relative factors prices and average production costs; Conclusions; 5 New technologies and structural change: constraints and inducements to innovation.
  • IntroductionThe localized generation of general and contingent technologies; A model of localized inducement of the rate and the direction of technological change; Conclusions; 6 Industrial dynamics and technological change; Introduction; The horizontal effects of technological change; The vertical effects of technological change: the key industries; The vertical effects of technological change and industrial dynamics: diffusion and adaptation; Schumpeterian growth cycles; Conclusions; 7 The dynamics of factors markets and technological change; Introduction.
  • Contingent technologies and the relative price for basic inputsBiased technological change and kinked derived demand; Technological variety and regional integration; Conclusions; 8 Product innovation and barriers to entry; Introduction; Barriers to entry and monopolistic competition; Niche-pricing: a simple analytical exposition; Conclusions; 9 Relative prices and international competition in the global economy; Introduction; The effects of the introduction of general technologies; The effects of contingent technologies; The conditions for symmetric advantages from trade.
  • Conditional convergenceConclusions; 10 Feedbacks, path-dependence and evolution; PART III Applications and implications; 11 Understanding the economics of new information and communication technology in the global economy; 12 Policy implications: a European perspective; 13 Conclusions; Notes; Bibliography; Index.