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Industrial Dynamics: A Review of the Literature 1990--2009

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  • Bo Carlsson

Abstract

This paper reviews the literature in the field of industrial dynamics (ID) as it has emerged since I first introduced the term in 1985. Nearly 8,000 articles in 12 major journals have been reviewed and classified under five broad themes that constitute the basic questions in ID: (1) the causes of industrial development and economic growth, including the dynamics and evolution of industries and the role of entrepreneurship; (2) the nature of economic activity in the firm and the dynamics of supply, particularly the role of knowledge; (3) how the boundaries and interdependence of firms change over time and contribute to economic transformation; (4) technological change and its institutional framework, especially systems of innovation; (5) the role of public policy in facilitating adjustment of the economy to changing circumstances at both micro- and macro-levels. Under each theme, the main findings and their implications for theory and policy are summarized. The paper concludes with a summary of the contribution of industrial dynamics to a better understanding of industrial transformation and economic growth and reflections on challenges for future research.

Suggested Citation

  • Bo Carlsson, 2016. "Industrial Dynamics: A Review of the Literature 1990--2009," Industry and Innovation, Taylor & Francis Journals, vol. 23(1), pages 1-61, January.
    • Handle: RePEc:taf:indinn:v:23:y:2016:i:1:p:1-61
    DOI: 10.1080/13662716.2015.1120658
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    1. Giovanni Dosi & Christopher Freeman & Richard Nelson & Gerarld Silverberg & Luc Soete (ed.), 1988. "Technical Change and Economic Theory," LEM Book Series, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy, number dosietal-1988, April.
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    Cited by:

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    2. Guo-Hua Cao & Jing Zhang, 2021. "Is a sustainable loop of economy and entrepreneurial ecosystem possible? a structural perspective," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 23(5), pages 7002-7040, May.
    3. Åsa Lindholm-Dahlstrand & Martin Andersson & Bo Carlsson, 2019. "Entrepreneurial experimentation: a key function in systems of innovation," Small Business Economics, Springer, vol. 53(3), pages 591-610, October.
    4. Ojeda-Pereira, Iván & Campos-Medina, Fernando, 2021. "International trends in mining tailings publications: A descriptive bibliometric study," Resources Policy, Elsevier, vol. 74(C).
    5. De Oliveira, Luiz Gustavo Silva & Negro, Simona O., 2019. "Contextual structures and interaction dynamics in the Brazilian Biogas Innovation System," Renewable and Sustainable Energy Reviews, Elsevier, vol. 107(C), pages 462-481.
    6. Hipp, Ann & Binz, Christian, 2020. "Firm survival in complex value chains and global innovation systems: Evidence from solar photovoltaics," Research Policy, Elsevier, vol. 49(1).
    7. Alvedalen, Janna & Carlsson, Bo, 2021. "Comparative Analysis of Five Entrepreneurial Ecosystems in Life Sciences," Papers in Innovation Studies 2021/10, Lund University, CIRCLE - Centre for Innovation Research.
    8. Silviano Esteve-Pérez & Fabio Pieri & Diego Rodriguez, 2018. "Age and productivity as determinants of firm survival over the industry life cycle," Industry and Innovation, Taylor & Francis Journals, vol. 25(2), pages 167-198, February.

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