Innovation, Productivity Gains and the Evolution of Market Structure
AbstractThe paper analyses the co-ordinating role that markets and organisations are called on to play in determining productivity gains. In fact, the viability of innovation processes cannot be dissociated from the way market structures emerge and evolve. The success (or not) of the introduction of new technologies and the emergence and evolution of given market structures does not depend on the properties of technology, but on the capacity to coordinate the activity of the different firms participating in the restructuring process, which results in a certain degree of stability of the market structure. JEL Classification: L 11.
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Bibliographic InfoArticle provided by Presses de Sciences-Po in its journal Revue de l'OFCE.
Volume (Year): 97 bis (2006)
Issue (Month): 5 ()
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Web page: http://www.cairn.info/revue-de-l-ofce.htm
innovation; market structure; productivity; viability;
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- Jean-Luc Gaffard, 2008. "Innovation, competition, and growth: Schumpeterian ideas within a Hicksian framework," Journal of Evolutionary Economics, Springer, vol. 18(3), pages 295-311, August.
- Jean-Luc Gaffard, 2013. "Re-insudstrializing the Eurozone," Sciences Po publications 2013-08, Sciences Po.
- Jean-Luc Gaffard, 2013. "Re-industralising the eurozone," Documents de Travail de l'OFCE 2013-08, Observatoire Francais des Conjonctures Economiques (OFCE).
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