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| Author: | Archibugi, D. Michie, J. |
| Title: | Technical change, growth and trade: new departures in institutional economics |
| Journal: | Journal of Economic Surveys
1998 : JUL, VOL. 12:3, p. 313-320 |
| Index terms: | TRADE GROWTH TECHNOLOGICAL CHANGE |
| Language: | eng |
| Abstract: | This article analyses the main theoretical and policy issues emerging from the literature on the evolutionary- institutional economics of technical change, the four distinguishing characteristics of which are that technology is often proprietory in nature; only a part of knowledge is codifiable in handbooks, blueprints, patents, and so on; there are fundamental variations in the above two points across different technological fields; and the evolution of knowledge is highly path-dependent. |
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