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Technological Progress under Learning by Imitation

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  • Morgan Kelly

    (University College of Dublin)

Abstract

We analyse technological progress when knowledge has a large tacit component so that transmission of knowledge takes place through direct personal imitation. It is shown that the rate of technological progress depends on the number of innovators in the same knowledge network. Assuming the diffusion of knowledge to mirror the geographical pattern of trade - the greater the trade between two sites, the greater the probability that technical knowledge flows between them - we show that a gradual expansion of trade causes a sudden rise in the rate of technological progress.

Suggested Citation

  • Morgan Kelly, 2005. "Technological Progress under Learning by Imitation," Working Papers 200514, School of Economics, University College Dublin.
    • Handle: RePEc:ucn:wpaper:200514
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    File URL: http://www.ucd.ie/economics/research/papers/2005/WP05.14.pdf
    File Function: First version, 2005
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    Cited by:

    1. Konno, Tomohiko, 2016. "Knowledge spillover processes as complex networks," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 462(C), pages 1207-1214.

    More about this item

    JEL classification:

    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

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