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Co-evolution of Industry Structure, Technology and Supporting Institutions, and the Making of Comparative Advantage

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  • Richard Nelson
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    Abstract

    In recent years,a considerable body of research has been established on the co-evolution of technology and industry structure, from the time that the technology is young to the time when it is mature� A somewhat smaller body of research has been established on how private and public institutions, and public programs and policies co-evolved with a technology and industry� It is proposed here that nations differ in their pace and pattern of institutional response to the birth and development of an industry, and that the locus of comparative advantage is largely determined by these different kinds of national response.

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    File URL: http://www.tandfonline.com/10.1080/758519306
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    Bibliographic Info

    Article provided by Taylor & Francis Journals in its journal International Journal of the Economics of Business.

    Volume (Year): 2 (1995)
    Issue (Month): 2 ()
    Pages: 171-184

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    Handle: RePEc:taf:ijecbs:v:2:y:1995:i:2:p:171-184

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    Related research

    Keywords: co-evolution; industry structure; technology; comparative advantage; JEL classifications: O3; L0; F2; H4;

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    Cited by:
    1. Jun Zhang, 2011. "Related Variety, Global Connectivity and Institutional Embeddedness: Internet Development in Beijing and Shanghai Compared," Papers in Evolutionary Economic Geography (PEEG) 1110, Utrecht University, Section of Economic Geography, revised Jun 2011.
    2. P. Murmann & K. Frenken, 2002. "Toward a Systematic Framework for Research on Dominant Designs, Technological Innovations, and Industrial Change," Papers on Economics and Evolution 2002-12, Max Planck Institute of Economics, Evolutionary Economics Group.
    3. David B. Audretsch & A. Roy Thurik, 1999. "Innovation, Industry Evoluation and Employment," Tinbergen Institute Discussion Papers 99-068/3, Tinbergen Institute.
    4. John Finch & Nicola Dinnei, 2001. "Capturing Knightian Advantages of Large Business Organisations Through Group Decision-making Processes," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 8(3), pages 379-403.
    5. Meyer-Krahmer, Frieder & Schmoch, Ulrich, 1998. "Science-based technologies: university-industry interactions in four fields," Research Policy, Elsevier, vol. 27(8), pages 835-851, December.
    6. Grillitsch, Markus, 2014. "Institutional Change and Economic Evolution in Regions," CIRCLE Electronic Working Papers 2014/1, Lund University, CIRCLE - Center for Innovation, Research and Competences in the Learning Economy.
    7. Koen Frenken & Frank G. van Oort & Thijs Verburg & Ron A. Boschma, 2004. "Variety and regional economic growth in the Netherlands," Papers in Evolutionary Economic Geography (PEEG) 0502, Utrecht University, Section of Economic Geography, revised Dec 2004.
    8. repec:dgr:uvatin:0000109 is not listed on IDEAS
    9. Paolo Guerrieri & Simona Iammarino, 2003. "The Dynamics of Export Specialisation in the Regions of the Italian Mezzogiorno: Persistence and Change," SPRU Working Paper Series 105, SPRU - Science and Technology Policy Research, University of Sussex.
    10. David B. Audretsch & A. Roy Thurik, 1999. "Innovation, Industry Evoluation and Employment," Tinbergen Institute Discussion Papers 99-068/3, Tinbergen Institute.
    11. repec:dgr:uvatin:2097109 is not listed on IDEAS
    12. David Audretsch & Roy Thurik, 0000. "Sources of Growth," Tinbergen Institute Discussion Papers 97-109/3, Tinbergen Institute.
    13. Janszen, Felix H. A. & Degenaars, Grada H., 1998. "A dynamic analysis of the relations between the structure and the process of National Systems of Innovation using computer simulation; the case of the Dutch biotechnological sector," Research Policy, Elsevier, vol. 27(1), pages 37-54, May.
    14. repec:dgr:uvatin:2099068 is not listed on IDEAS
    15. Kobos, Peter H. & Erickson, Jon D. & Drennen, Thomas E., 2006. "Technological learning and renewable energy costs: implications for US renewable energy policy," Energy Policy, Elsevier, vol. 34(13), pages 1645-1658, September.

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