Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/50686
Authors: 
Antonelli, Cristiano
Year of Publication: 
2008
Series/Report no.: 
Manchester Business School working paper 542
Abstract: 
Pecuniary externalities are crucial in shaping the strategies to value the distinctive competences and the economic success of innovative firms. The analysis of conditions for localized knowledge appropriation and exploitation makes it possible to identify idiosyncratic production factors. The introduction of directed technological change biased towards intensive usage provides the opportunity for the exploitation of technological knowledge.
Subjects: 
pecuniary externalities
localized appropriability
direction of technological change
JEL: 
O31
Document Type: 
Working Paper

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