کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
884801 912417 2006 19 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Innovation waves, self-organized criticality and technological convergence
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
Innovation waves, self-organized criticality and technological convergence
چکیده انگلیسی

The purpose of this paper is to investigate the evolutionary process of imitation and innovation as a process of searching in a given neighbourhood of firms. The spreading of information through neighbourhoods allows firms to acquire knowledge leading to innovation waves followed by imitation as firms attempt to glean information on best practise techniques. Whilst innovators are temporarily allowed to reap quasi rents, the imitative band wagon effect drives the profit rate down to its normal level. Productivity growth lowers the prices of sectors involved in the process of technological advance, causing obsolescence and creative destruction in a Schumpeterian sense.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Economic Behavior & Organization - Volume 61, Issue 4, December 2006, Pages 710–728
نویسندگان
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