The concept of localized technological change is emerging at the crossroads of different approaches to the economics of innovation and new technologies. The term 'localized technological change' refers to the introduction of technological changes which make possible an increase in total fa...

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Bibliographic Details

Main Author:	Antonelli, Cristiano (Author)
Format:	Electronic eBook
Language:	English
Published:	Dordrecht Springer Netherlands 1995
Edition:	1st ed. 1995
Series:	Economics of Science, Technology and Innovation 3
Subjects:	Industrial Organization Microeconomics Economic Theory/Quantitative Economics/Mathematical Methods Industrial organization Economic theory Diffusion > Wirtschaft Technischer Fortschritt
Online Access:	BTU01 Volltext
Summary:	The concept of localized technological change is emerging at the crossroads of different approaches to the economics of innovation and new technologies. The term 'localized technological change' refers to the introduction of technological changes which make possible an increase in total factor productivity within only a limited range of techniques defined by the levels of factor intensity. This contrasts with 'generalized technological change', which is defined as the global shift of all the techniques represented on the map of isoquants of the neoclassical tradition. The Economics of Localized Technological Change elaborates the notion of localized technology with respect to firms, factor substitution, sectors, regions and techniques. It also assesses the implications for industrial policy, technology and innovation policy. The book will be of interest to corporate policy makers, scholars of industrial organization and economics of innovation as well as business school students
Physical Description:	1 Online-Ressource (VII, 183 p)
ISBN:	9789401105057
DOI:	10.1007/978-94-011-0505-7