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Industrial leadership in science-based industries: A co-evolution model

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Author Info

  • Fatas-Villafranca, Francisco
  • Jarne, Gloria
  • Sanchez-Choliz, Julio

Abstract

In this paper, we seek to analyse the role of national university systems in combination with technological and market factors as sources of industrial leadership and industry growth in science-based industries. We propose a model in which national university systems and their respective national firms and industries are considered as co-evolving. National firms compete on a worldwide level and they rely on the progress of science and the availability of scientists to innovate. As the global industry develops, firms try to mold their national university systems, but they achieve different degrees of success. Apart from highlighting the role of institutional responsiveness as a source of competitive advantage, our model points to the access to essential inputs for production, the technological and strategic characteristics of firms, the international diffusion of knowledge, and the initial distribution of market demand as key sources of leadership and industry growth. The international mobility of scientists seems to foster the emergence of industrial leadership shifts.

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Bibliographic Info

Article provided by Elsevier in its journal Journal of Economic Behavior & Organization.

Volume (Year): 72 (2009)
Issue (Month): 1 (October)
Pages: 390-407

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Handle: RePEc:eee:jeborg:v:72:y:2009:i:1:p:390-407

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Web page: http://www.elsevier.com/locate/jebo

Related research

Keywords: Industrial leadership Innovation Diffusion Institutions Evolutionary economics;

References

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  1. Franco Malerba, 2006. "Innovation and the evolution of industries," Journal of Evolutionary Economics, Springer, vol. 16(1), pages 3-23, April.
  2. Henny Romijn and Manuel Albaladejo, . "Determinants of Innovation Capability in Small UK Firms: An Empirical Analysis," QEH Working Papers qehwps40, Queen Elizabeth House, University of Oxford.
  3. Francisco Fatas-Villafranca & Julio Sanchez-Choliz & Gloria Jarne, 2008. "Modeling the co-evolution of national industries and institutions," Industrial and Corporate Change, Oxford University Press, vol. 17(1), pages 65-108, February.
  4. Mazzoleni, Roberto & Nelson, Richard R., 2007. "Public research institutions and economic catch-up," Research Policy, Elsevier, vol. 36(10), pages 1512-1528, December.
  5. Giulio Bottazzi & Angelo Secchi, 2005. "Explaining the Distribution of Firms Growth Rates," LEM Papers Series 2005/16, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
  6. Kwasnicki, Witold & Kwasnicka, Halina, 1992. "Market, innovation, competition: An evolutionary model of industrial dynamics," Journal of Economic Behavior & Organization, Elsevier, vol. 19(3), pages 343-368, December.
  7. Rosenberg, Nathan & Nelson, Richard R., 1994. "American universities and technical advance in industry," Research Policy, Elsevier, vol. 23(3), pages 323-348, May.
  8. Mario Cimoli & Giovanni Dosi & Richard R. Nelson & Joseph Stiglitz, 2006. "Institutions and Policies Shaping Industrial Development: An Introductory Note," LEM Papers Series 2006/02, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
  9. Nelson, Richard R & Wright, Gavin, 1992. "The Rise and Fall of American Technological Leadership: The Postwar Era in Historical Perspective," Journal of Economic Literature, American Economic Association, vol. 30(4), pages 1931-64, December.
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Cited by:
  1. Isabel Almudi & Francisco Fatas-Villafranca & Luis Izquierdo, 2013. "Industry dynamics, technological regimes and the role of demand," Journal of Evolutionary Economics, Springer, vol. 23(5), pages 1073-1098, November.

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