| Tekijä: | Redding, S. |
| Otsikko: | Path dependence, endogenous innovation, and growth |
| Lehti: | International Economic Review
2002 : NOV, VOL. 43:4, p. 1215-1248 |
| Asiasana: | Economic theory Technological change Technological innovation R&D |
| Kieli: | eng |
| Tiivistelmä: | The author presents a model of endogenous innovation and growth, in which technological change is path dependent. The historical patterns of technological development plays a central role in determing the pace of future technological change. Patent dependence is explained using a distinction between fundamental and secondary knowledge. Technological lock-in is shown to be a special case of path dependence. The model provides a rationale for cycles in technological leadership. |
SCIMA