108 research outputs found

    Technical Change and Economic Growth: Some Lessons from Secular Patterns and Some Conjectures on the Current Impact of ICT Technology

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    This paper discusses the link between patterns of technological change and economic development taking an evolutionary perspective. We argue that the modes and timing of such coupled dynamics are deeply influenced by the emergence of new techno-economic paradigms or regimes. ICT-based technologies are the drivers of the current paradigm, which, we show, is still at an early stage of diffusion, particularly for developing countries. Building from historical evidence, we argue that catching up of developing countries critically depends on their ability to master the technology behind the dominant technoeconomic paradigm. We then discuss threats and opportunities related to a possible ICTbased development path.Technical change, Economic Growth, ICT

    Income Levels and Income Growth. Some New Cross-Country Evidence and Some Interpretative Puzzles

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    This work brings together two distinct ensembles of evidence concerning, at macro level, international distributions of incomes and their dynamics, and, at micro level, the size distributions of firms and the properties of their growth rates. Together, we also consider an intermediate level of observation, namely the properties of sectoral growth. First, our empirical analysis provides a fresh look at the international distri-butions of incomes and growth rates by investigating more closely the relationship between the two entities and the statistical properties of the growth process. Second, we try to identify those statistical properties which are invariant with respect to the scale of observation (country, sector or firm) as distinct from those that are instead scale specific. This exercise puts forward a few major interpretative challenges regarding the correlating processes underlying the statistical evidence.International Distribution of Incomes, International Growth Rates, Scaling Laws, Growth Volatility, Exponential Tails

    The patterns of output growth of firms and countries: new evidence on scale invariances and scale specificities

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    This work brings together two distinct pieces of evidence concerning, at the macro level, international distributions of incomes and their dynamics, and, at the micro level, the size distributions of firms and the properties of their growth rates. First, our empirical analysis provides a new look at the international distribu- tions of incomes and growth rates by investigating more closely the relationship between the two entities and the statistical properties of the growth process. Second, we identify the statistical properties that are invariant with respect to the scale of observation (country or firm) as distinct from those that are scale specific. This exercise proposes a few major interpretative challenges regarding the correlating processes underlying the statistical evidence.International distribution of income, international growth rates, firm growth, scaling laws, growth volatility, exponential tails

    Knowledge base, information search and intention to adopt innovation

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    Innovation is a process that involves searching for new information. This paper builds upon theoretical insights on individual and organizational learning and proposes a knowledge based model of how actors search for information when confronted with innovation. The model takes into account different search channels, both local and non local, and relates their use to the knowledge base of actors. The paper also provides an empirical validation of our model based on a study on the search channels used by a sample of Dutch consumers when buying new consumer electronic products.knowledge base, learning, information search, innovation, consumer behaviour

    Path dependence in technologies and organizations: a concise guide

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    The note on which an entry for the Palgrave Encyclopedia of Strategic Management will draw offers a beginner's guide to path dependency in technologies and organizations. We address the very meaning of the concept and its centrality in various aspects of economic analysis. We outline the various levels of the ecomic system in which it is observable, its sources, concequences and different formal representations of path dependent processes.Path dependence, lock-in, dynamic increasing returns, organizational inertias
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