Innovation waves, self-organized criticality and technological convergence

被引：19

作者：

Andergassen, Rainer

Nardini, Franco

Ricottilli, Massimo ^{[1
]}

机构：

[1] Ctr Interdipartimentale Luigi Galvani, Bologna, Italy

[2] Univ Bologna, Dept Math Social Sci, I-40126 Bologna, Italy

[3] Univ Bologna, Dept Econ, I-40126 Bologna, Italy

来源：

JOURNAL OF ECONOMIC BEHAVIOR & ORGANIZATION | 2006年 / 61卷 / 04期

关键词：

technological change; self-organized criticality; innovation and diffusion; innovation waves; creative destruction;

D O I：

10.1016/j.jebo.2004.07.009

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

The purpose of this paper is to investigate the evolutionary process of imitation and innovation as a process of searching in a given neighbourhood of firms. The spreading of information through neighbourhoods allows firms to acquire knowledge leading to innovation waves followed by imitation as firms attempt to glean information on best practise techniques. Whilst innovators are temporarily allowed to reap quasi rents, the imitative band wagon effect drives the profit rate down to its normal level. Productivity growth lowers the prices of sectors involved in the process of technological advance, causing obsolescence and creative destruction in a Schumpeterian sense. (c) 2006 Elsevier B.V. All rights reserved.

引用

页码：710 / 728

页数：19

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