Description
Book SynopsisIn this challenging book, Orietta Marsili examines the relationship between industrial dynamics and technological change. By combining formal evolutionary modelling with empirical evidence, she illustrates how the characteristics of innovative processes in different technological regimes influence market structure and dynamics.
The book is divided into three sections; part one provides the analytical background, part two identifies the characteristics of technological regimes and part three develops a formal evolutionary model which links technological regimes to the dynamics of industrial competition and accounts for empirical regularities identified earlier in the book. Significantly, the author introduces a new taxonomy of technical regimes, which groups sets of production activities together - an important and valuable step away from traditional industrial classifications.
The author concludes by stressing the usefulness of industrial regimes, proposing directions for future research and outlining the elements which must be considered if the relationship between industrial dynamics and technological change is to be fully understood.
This innovative book will be welcomed by those in the fields of industrial economics, evolutionary economics, the economics of innovation and technological change and public policymakers.
Trade Review'This book has the potential of becoming a classic in the newly emerging field of industry evolution. It provides one of the most comprehensive, thorough investigations that I have read to date. Most importantly, Orietta Marsili provides new and thoughtful micro-foundations for the emerging knowledge based economy. This book will emerge as the most insightful and valuable volume on the subject.' -- David B. Audretsch, Indiana University, Bloomington, US and Otto Beisheim School WHU, Germany
Table of ContentsContents: Preface 1. Introduction Part I: Theoretical Background 2. Literature on Industrial Structures and Dynamics 3. Technological Change and Industrial Dynamics 4. Developing an Evolutionary Approach to Industrial Analysis Part II: Learning Regimes and the Nature of Knowledge 5. Technological Regimes 6. Technological Opportunities 7. Technological Entry Barriers 8. Technological Diversity 9. Sources of Knowledge Part III: The Model 10. Structure of the Model 11. Mapping Industrial Dynamics and Technological Change Part IV: Conclusion 12. Summary and Conclusions Bibliography Index
