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Title:General purpose technologies and the Industrial Revolution PDF Logo
Authors:Dudley, Leonard
Issue Date:2010
Series/Report no.:Papers on economics and evolution 1011
Abstract:Did breakthroughs in core processes during the Industrial Revolution tend to generate further innovations in downstream technologies? Here a theoretical model examines the effect of a political shock on a non-innovating society in which there is high potential willingness to cooperate. The result is regional specialization in the innovation process by degree of cooperation. Tests with a zero-inflated Poisson specification indicate that 116 important innovations between 1700 and 1849 may be grouped into three categories: (1) General Purpose Technologies (GPTs) tended to be generated in large states with standardized languages following transition to pluralistic political systems; (2) GPTs in turn generated spillovers for their regions in technologies where cooperation was necessary to integrate distinct fields of expertise; (3) however, GPTs discouraged downstream innovation in their regions where such direct cooperation was not required.
Subjects:general purpose technologies
Industrial Revolution
innovation
cooperation
spillovers
JEL:O3
N6
Persistent Identifier of the first edition:urn:nbn:de:gbv:27-20110628-135755-6
Document Type:Working Paper
Appears in Collections:Papers on Economics and Evolution, MPI für Ökonomik

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