Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/70070 
Year of Publication: 
1998
Series/Report no.: 
Volkswirtschaftliche Diskussionsreihe No. 177
Publisher: 
Universität Augsburg, Institut für Volkswirtschaftslehre, Augsburg
Abstract (Translated): 
This paper reviews empirical and theoretical work concerning the relationship between innovative activities of firms and the dynamics of industries. Stylized facts on industry evolution and the analysis of industrial dynamics in general are a first building block. This discussion just reflects a fundamental controversy between neoclassical mainstream approaches and the conception of evolutionary economics. It is shown which thorough analytical problems any investigation of industry dynamics driven by innovative activities has to cope with. Based on that empirical work concerning the techno-economic evolution of industries is presented. Following this it is shown how a formal model can give an explanation for the characteristic development patterns observed. Some fundamental results are discussed.
JEL: 
O3
L1
L6
Document Type: 
Working Paper

Files in This Item:
File
Size
1.15 MB
126.93 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.