The economics of innovation, new technologies and structural change / / ristiano Antonelli

• Record Nr.: UNINA9910450930803321
• Autore: Antonelli Cristiano
• Pubbl/distr/stampa: London ; ; New York : , : Routledge, , 2003
• ISBN: 0-203-21743-8; 1-134-43516-9; 1-280-07029-3; 9786610070299
• Descrizione fisica: 1 online resource (420 p.)
• Collana: Studies in global competition
• Disciplina: 338/.064; 338.064
• Soggetti: Technological innovations - Economic aspects; Competition, International; Electronic books.
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Note generali: Description based upon print version of record.
• Nota di bibliografia: Includes bibliographical references (pages [172]-184) and index.
• Nota di contenuto: 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
• Sommario/riassunto: 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.This authoritative book from Cristiano Antonelli provides a systematic account of recent advances in the economics of innovation. By integrating this account with the economics of technological change, this exceptional book elaborates an understanding of the effects of the introduction of new technolo