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Innovation, Evolution of Industry and Economic Growth

The International Library of Critical Writings in Economics Series No. 118

Format: Hardback
Publisher: Edward Elgar Publishing Ltd, Cheltenham, United Kingdom
Published: 28th Jun 2000
Dimensions: w 169mm h 244mm d 133mm
Weight: 3307g
ISBN-10: 1840641754
ISBN-13: 9781840641752
Barcode No: 9781840641752
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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