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On the Life Cycle of Knowledge Intensive Sectors

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  • Thomas Grebel
  • Jackie Krafft
  • Pier-Paolo Saviotti

Abstract

The theme of industry life cycle (ILC) is today one of the central fields of research in industrial dynamics. ILC shows that industries behave like biological organisms, and proceed through different phases of development, from emergence to decline. Although this approach constitutes one of the most important recent advances in industrial dynamics, its major results are drawn from the historical evolution of industries that emerged during the first half of the 20th century in the US. In this perspective, we stress that these results relative to industries which are today mature industries are not necessarily generalisable to the evolution of industries that emerged (or radically changed) during the late 20th century, such as the biotechnology and the telecommunications industry that are often termed as knowledge intensive industries. We thus elaborate on the new theme of knowledge intensive industry life cycle. JEL Classification: L20, L65, L96.

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Bibliographic Info

Article provided by Presses de Sciences-Po in its journal Revue de l'OFCE.

Volume (Year): 97 bis (2006)
Issue (Month): 5 ()
Pages: 63-85

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Handle: RePEc:cai:reofsp:reof_073_85

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Web page: http://www.cairn.info/revue-de-l-ofce.htm

Related research

Keywords: knowledge intensive sectors; industry life cycles; telecommunications; biotechnology;

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References

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  1. Jackie Krafft & Jacques-Laurent Ravix, 2005. "The governance of innovative firms: An evolutionary perspective," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 14(3), pages 125-147.
  2. Teece, David J., 1993. "Profiting from technological innovation: Implications for integration, collaboration, licensing and public policy," Research Policy, Elsevier, vol. 22(2), pages 112-113, April.
  3. Bresnahan, Timothy F. & Trajtenberg, M., 1995. "General purpose technologies 'Engines of growth'?," Journal of Econometrics, Elsevier, vol. 65(1), pages 83-108, January.
  4. Malerba, Franco & Orsenigo, Luigi, 1996. "Schumpeterian patterns of innovation are technology-specific," Research Policy, Elsevier, vol. 25(3), pages 451-478, May.
  5. Richard N. Langlois, 2001. "The Vanishing Hand: the Changing Dynamics of Industrial Capitalism," Economic History 0110001, EconWPA.
  6. Jackie Krafft, 2006. "The emergence and growth of broadband in the French info-communications system of innovation," Post-Print hal-00211792, HAL.
  7. Klepper, Steven, 1997. "Industry Life Cycles," Industrial and Corporate Change, Oxford University Press, vol. 6(1), pages 145-81.
  8. Thomas Grebel & Jackie Krafft & Pier-Paolo Saviotti, 2006. "On knowledge intensive industry life cycles," Post-Print hal-00203585, HAL.
  9. Nelson, Richard R. & Winter, Sidney G., 1977. "In search of useful theory of innovation," Research Policy, Elsevier, vol. 6(1), pages 36-76, January.
  10. Bart Nooteboom, 2000. "Learning by Interaction: Absorptive Capacity, Cognitive Distance and Governance," Journal of Management and Governance, Springer, vol. 4(1), pages 69-92, March.
  11. Chris Freeman & Luc Soete, 1997. "The Economics of Industrial Innovation, 3rd Edition," MIT Press Books, The MIT Press, edition 3, volume 1, number 0262061953, December.
  12. Utterback, James M. & Suarez, Fernando F., 1993. "Innovation, competition, and industry structure," Research Policy, Elsevier, vol. 22(1), pages 1-21, February.
  13. Utterback, James M & Abernathy, William J, 1975. "A dynamic model of process and product innovation," Omega, Elsevier, vol. 3(6), pages 639-656, December.
  14. Sahal, Devendra, 1985. "Technological guideposts and innovation avenues," Research Policy, Elsevier, vol. 14(2), pages 61-82, April.
  15. Krafft, Jackie, 2004. "Entry, exit and knowledge: evidence from a cluster in the info-communications industry," Research Policy, Elsevier, vol. 33(10), pages 1687-1706, December.
  16. repec:cup:cbooks:9780521813297 is not listed on IDEAS
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Citations

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Cited by:
  1. Roberto Fontana & Alessandro Nuvolari & Bart Verspagen, 2009. "Mapping technological trajectories as patent citation networks. An application to data communication standards," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 18(4), pages 311-336.
  2. Pascal Le Masson & Armand Hatchuel & BenoƮt Weil, 2010. "Modeling Novelty-Driven Industrial Dynamics with Design Functions: understanding the role of learning from the unknown," Post-Print hal-00696970, HAL.
  3. Luis F. Medrano E., 2012. "Patent Citations, University Inventor Patents, and Survival in the German Laser Source Industry (1960-2005)," Jena Economic Research Papers 2012-009, Friedrich-Schiller-University Jena, Max-Planck-Institute of Economics.
  4. Antonelli, Cristiano & Krafft, Jackie & Quatraro, Francesco, 2010. "Recombinant knowledge and growth: The case of ICTs," Structural Change and Economic Dynamics, Elsevier, vol. 21(1), pages 50-69, March.
  5. Krafft, Jackie & Quatraro, Francesco & Saviotti, Paolo, 2009. "The Evolution of Knowledge Base in Knowledge-Intensive Sectors: Social Network Analysis of Biotechnology," Department of Economics and Statistics Cognetti de Martiis LEI & BRICK - Laboratory of Economics of Innovation "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio 200909, University of Turin.
  6. Jackie Krafft & Francesco Quatraro & Pier Paolo Saviotti, 2011. "The knowledge-base evolution in biotechnology: a social network analysis," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 20(5), pages 445-475.
  7. Kurt Dopfer, 2012. "The origins of meso economics," Journal of Evolutionary Economics, Springer, vol. 22(1), pages 133-160, January.
  8. Jackie Krafft & Francesco Quatraro & Pier-Paolo Saviotti, 2013. "The dynamics of knowledge-intensive sectors' knowledge base: Evidence from Biotechnology and Telecommunications," Working Papers hal-00991397, HAL.
  9. Krafft, Jackie & Quatraro, Francesco & Saviotti, Paolo, 2009. "Evolution of the Knowledge Base in Knowledge Intensive Sectors," Department of Economics and Statistics Cognetti de Martiis LEI & BRICK - Laboratory of Economics of Innovation "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio 200906, University of Turin.

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