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Book details
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Author : Franco Malerba
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Pages : 292 pages
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Publisher : Cambridge University Press 2016-08-16
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Language : English
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ISBN-10 : 1107641004
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ISBN-13 : 9781107641006
Book Synopsis
The disruptive impacts of technological innovation on established industrial structures has been one of the distinguishing features of modern
capitalism. In this book, four leading figures in the field of Schumpeterian and evolutionary economic theory draw on decades of research to
offer a new, history-friendly perspective on the process of creative destruction. This history-friendly methodology models the complex dynamics
of innovation, competition and industrial evolution in a way that combines analytical rigour with an acknowledgement of the chaotic nature of
history. The book presents a comprehensive analysis of the determinants and patterns of industrial evolution, and investigates its complex
dynamics within three key industries: computers, semiconductors, and pharmaceuticals. It will be of great value to scholars and students of
innovation and industrial change, from backgrounds as varied as history, economics and management. Its coverage of new methodological tools
is also useful for students who are new to evolutionary economic theory.