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Structural Change in Innovative Activities in Four Leading Sectors. An Interpretation of the Stylized Facts

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  • Franco Malerba
  • Fabio Montobbio

Abstract

This paper provides a quantitative picture of structural change in innovative activities in four leading sectors ? chemicals, pharmaceuticals, electronics and machinery ? in Europe, United States and Japan and suggests an interpretative framework for explaining the differential rates of innovation among and within these sectors. This framework claims that an in-depth understanding of sectoral uneven innovativeness needs a bottom-up analysis of the technological, institutional and microeconomic characteristics of the different industries. The concept of sectoral system is proposed and applied for the four sectors. The conclusion of this paper is that structural change is guided by the specific coevolution of the variables of the sectoral systems: knowledge and technology, firms, networks and institutions.

Suggested Citation

  • Franco Malerba & Fabio Montobbio, 2004. "Structural Change in Innovative Activities in Four Leading Sectors. An Interpretation of the Stylized Facts," Revue économique, Presses de Sciences-Po, vol. 55(6), pages 1051-1070.
    • Handle: RePEc:cai:recosp:reco_556_1051
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    References listed on IDEAS

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    1. Malerba, Franco, 2002. "Sectoral systems of innovation and production," Research Policy, Elsevier, vol. 31(2), pages 247-264, February.
    2. Jovanovic, Boyan & MacDonald, Glenn M, 1994. "The Life Cycle of a Competitive Industry," Journal of Political Economy, University of Chicago Press, vol. 102(2), pages 322-347, April.
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    6. Steven Casper & Hannah Kettler, 2001. "National Institutional Frameworks And The Hybridization Of Entrepreneurial Business Models: The German And Uk Biotechnology Sectors," Industry and Innovation, Taylor & Francis Journals, vol. 8(1), pages 5-30.
    7. Malerba,Franco (ed.), 2004. "Sectoral Systems of Innovation," Cambridge Books, Cambridge University Press, number 9780521833219.
    8. Laursen, Keld, 1999. "The impact of technological opportunity on the dynamics of trade performance," Structural Change and Economic Dynamics, Elsevier, vol. 10(3-4), pages 341-357, December.
    9. Franco Malerba & Fabio Montobbio, 2003. "Exploring factors affecting international technological specialization: the role of knowledge flows and the structure of innovative activity," Journal of Evolutionary Economics, Springer, vol. 13(4), pages 411-434, October.
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    Cited by:

    1. Montobbio, Fabio & Rampa, Francesco, 2005. "The impact of technology and structural change on export performance in nine developing countries," World Development, Elsevier, vol. 33(4), pages 527-547, April.
    2. Lee, Jeongwon & Hwang, Junseok & Kim, Hana, 2022. "Different government support effects on emerging and mature ICT sectors," Technological Forecasting and Social Change, Elsevier, vol. 174(C).
    3. María Alejandra Molina, 2011. "A Sectoral System of Innovation Analysis of Technological Upgrading in the Food Processing Sector in Argentina, Brazil and Chile," Institutions and Economies (formerly known as International Journal of Institutions and Economies), Faculty of Economics and Administration, University of Malaya, vol. 3(2), pages 287-325, July.

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