Book•
The economics of industrial innovation
30 Oct 1975-
TL;DR: In this article, the authors introduce evolutionary theory in economics and technical change process innovations process innovations materials innovations product and system innovation paradigm change, the role of marketing and user-producer networks innovation, size of firm, economies of scale and scope uncertainty, project evaluation and finance of innovation, management strategy and theory of the firm.
Abstract: Part 1 Rise of science-related technology: introduction evolutionary theory in economics and technical change process innovations materials innovations product and system innovation paradigm change. Part 2 Innovations and the firms: the microeconomics of innovation success and failure, the role of marketing and user-producer networks innovation, size of firm, economies of scale and scope uncertainty, project evaluation and finance of innovation, management strategy and theory of the firm. Part 3 Macroeconomics of innovation - science, technology and economic growth globalization and multinational corporations underdevelopment and catching up. Part 4 Innovation and public policies: market failure and aspects of public support for innovation technical change, employment and skills environmental issues technological assessment. Appendix: measurement and definitions.
Citations
More filters
TL;DR: In this paper, the authors draw on the social and behavioral sciences in an endeavor to specify the nature and microfoundations of the capabilities necessary to sustain superior enterprise performance in an open economy with rapid innovation and globally dispersed sources of invention, innovation, and manufacturing capability.
Abstract: This paper draws on the social and behavioral sciences in an endeavor to specify the nature and microfoundations of the capabilities necessary to sustain superior enterprise performance in an open economy with rapid innovation and globally dispersed sources of invention, innovation, and manufacturing capability. Dynamic capabilities enable business enterprises to create, deploy, and protect the intangible assets that support superior long- run business performance. The microfoundations of dynamic capabilities—the distinct skills, processes, procedures, organizational structures, decision rules, and disciplines—which undergird enterprise-level sensing, seizing, and reconfiguring capacities are difficult to develop and deploy. Enterprises with strong dynamic capabilities are intensely entrepreneurial. They not only adapt to business ecosystems, but also shape them through innovation and through collaboration with other enterprises, entities, and institutions. The framework advanced can help scholars understand the foundations of long-run enterprise success while helping managers delineate relevant strategic considerations and the priorities they must adopt to enhance enterprise performance and escape the zero profit tendency associated with operating in markets open to global competition. Copyright 2007 John Wiley & Sons, Ltd.
9,400 citations
TL;DR: In this article, the authors describe and explain sectoral patterns of technical change as revealed by data on about 2000 significant innovations in Britain since 1945, which can be explained by sources of technology, requirements of users, and possibilities for appropriation.
5,749 citations
TL;DR: In this article, the authors propose a model to account for both continuous changes and discontinuities in technological innovation, and define the process of selection of new technological paradigms among a greater set of notionally possible ones.
5,460 citations
TL;DR: In this article, the Triple Helix of university-industry-government relations is compared with alternative models for explaining the current research system in its social contexts, and the authors suggest that university research may function increasingly as a locus in the "laboratory" of knowledge-intensive network transitions.
5,324 citations
TL;DR: Using a large-scale sample of industrial firms, this paper links search strategy to innovative performance, finding that searching widely and deeply is curvilinearly (taking an inverted U-shape) related to performance.
Abstract: A central part of the innovation process concerns the way firms go about organizing search for new ideas that have commercial potential. New models of innovation have suggested that many innovative firms have changed the way they search for new ideas, adopting open search strategies that involve the use of a wide range of external actors and sources to help them achieve and sustain innovation. Using a large-scale sample of industrial firms, this paper links search strategy to innovative performance, finding that searching widely and deeply is curvilinearly (taking an inverted U-shape) related to performance. Copyright © 2005 John Wiley & Sons, Ltd.
5,167 citations