Innovation, Evolution of Industry and Economic Growth (The International Library of Critical Writings in Economics Series No. 118)

Innovation, Evolution of Industry and Economic Growth (The International Library of Critical Writings in Economics Series No. 118)

By: Steven Klepper (editor), David B. Audretsch (editor)Hardback

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In this collection of articles by well-known scholars, the editors link the impact of innovation to the process by which firms and industries change over time and ultimately lead to economic development and growth. The book covers topics such as the impact of the product life cycle on industry, evolution, the links between innovative activity and the start-up of new firms, and an analysis of the sources of diversity and the impact of diversity in economic evolution. The three key elements of the post-entry performance of firms are examined - their ability to survive, the learning process and the links between industry evolution and productivity. The book then explores the roles of turbulence and persistence in an evolutionary economy. Additional topics include the evolution of market structures, the evolution of regions and the international competitiveness of industries in an evolutionary context. Finally the book offers an examination of the implication for government policy of the links between innovation industry evolution and economic development.

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Volume 1: Part 1 The product life cycle and industry evolution: research and development costs as a barrier to entry, Dennis C. Mueller and John E. Tilton; the life cycle of a competitive industry, Boyan Jovanovic and Glenn M. MacDonald; entry, exit, growth and innovation over the product life cycle, Steven Klepper; technological extinctions of industrial firms - an inquiry into their nature and causes, Stevel Klepper and Kenneth L. Simons. Part 2 The start-up of new firms: what do we know about entry?, P.A. Geroski; spin-offs and the new firm formation process, David A. Garvin; new firms, David B. Audretsch; entry, industry growth and the micro-dynamics of industry supply, John C. Hause and Gunnar Du Rietz. Part 3 Sources and implications of diversity: heterogeneous firms and the organization of production, Walter Y. Oi; the fates of "De Novo" and "De Alio" producers in the American automobile industry 1885-1981, Glenn R. Carroll et al; the anatomy of industry R&D intensity distributions, Wesley M. Cohen and Steven Klepper. Part 4 The size distribution of firms: the size distribution of business firms, Herbert A. Simon and Charles P. Bonini; entry, Gibrat's law, innovation and the growth of firms, Edwin Mansfield; selection and the evolution of industry, Boyan Jovanovic. Part 5 Growth: the relationship between firm size and firm growth in the US manufacturing sector, Bronwyn H. Hall; the growth and failure of US manufacturing plants, Timothy Dunne et al; Gibrat's legacy, John Sutton. Volume 2: Part 1 Survival: new firm surival - new results using a hazard function, David B. Audretsch and Talat Mahmood; life duration of new firms, Jose Mata and Pedro Portugal; on the turnover of business firms and business managers, Thomas J. Holmes and James A. Schmitz, Jr.; the role of technology use in the survival and growth of manufacturing plants, Mark Doms et al. Part 2 Learning and adaptation: the learning curve and competition, A. Michael Spence; the learning curve, technology barriers to entry and competitive survival in the chemical processing industries, Marvin B. Lieberman; selection versus evolutionary adaptation - learning and post-entry performance, John R. Baldwin and Mohammed Rafiquzzaman; new-firm survival and the technological regime, David B. Audretsch; empirical implications of alternative models of firm dynamics, Ariel Pakes and Richard Ericson. Part 3 Productivity: productivity dynamics in manufacturing plants, Martin Neil Baily et al; productivity growth in Chile and Colombia - the role of entry, exit and learning, Lili Liu and James R. Tybout; entry, innovation and productivity growth, Paul A. Geroski; productivity and changes in ownership of manufacturing plants, Frank R. Lichtenberg and Donald Siegel. Part 4 Turbulence: information, mobility and profit, Dennis C. Mueller; small firms' seedbed role and the concept of turbulence, M.E. Beesley and R.T. Hamilton; industry evolution with sunk costs and uncertain market conditions, Val Euge

Product Details

  • publication date: 28/06/2000
  • ISBN13: 9781840641752
  • Format: Hardback
  • Number Of Pages: 1576
  • ID: 9781840641752
  • weight: 3307
  • ISBN10: 1840641754

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