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Structural Change and Technology. A Long View

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  • Bart Verspagen

Abstract

Neo-Schumpeterians of the 1970s and 1980s argued for the concept of pervasive technological systems as one way of interpreting creative destruction. Pervasive technologies are basic innovations that find application in a wide variety of sectors in the economy. It has recently been suggested that the period of rapid economic growth in the 1990s in the United States can be explained by the rise of a set of technologies known as Information and Communication Technologies (ict). Such an interpretation is certainly in broad accordance with the notions of Schumpeterian radical technological breakthroughs, creative destruction and pervasive technological systems. This paper provides an attempt to interpret this ict ?revolution? from a Schumpeterian point of view, using input-output data and technology flow matrices for the us economy. The paper concludes with a broad discussion of the historic role of ict in the us and world economy.

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  • Bart Verspagen, 2004. "Structural Change and Technology. A Long View," Revue économique, Presses de Sciences-Po, vol. 55(6), pages 1099-1125.
    • Handle: RePEc:cai:recosp:reco_556_1099
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    2. Charlie Karlsson & Gunther Maier & Michaela Trippl & Iulia Siedschlag & Gavin Murphy, 2010. "ICT and Regional Economic Dynamics: A Literature Review," JRC Research Reports JRC59920, Joint Research Centre.
    3. Saviotti, Pier Paolo & Pyka, Andreas, 2004. "Economic development, qualitative change and employment creation," Structural Change and Economic Dynamics, Elsevier, vol. 15(3), pages 265-287, September.
    4. Tommaso Ciarli & André Lorentz & Maria Savona & Marco Valente, 2010. "The Effect Of Consumption And Production Structure On Growth And Distribution. A Micro To Macro Model," Metroeconomica, Wiley Blackwell, vol. 61(1), pages 180-218, February.
    5. Abdul Hannan & Faheem Haider & Nisar Ahmad & Tahira Ishaq, 2015. "Impact of Economic, Social and Environmental Variables on Competitiveness of Automotive Industry: Evidence from Panel Data," Bulletin of Energy Economics (BEE), The Economics and Social Development Organization (TESDO), vol. 3(4), pages 194-202, December.
    6. BEN KHALIFA, Adel, 2017. "Territoire Appropriant Et Economie De La Connaissance Basee Sur Les Tic : Une Approche Eclectique [Appropriating Territory and ICT-Based Knowledge economy: An Eclectic Approach]," MPRA Paper 77535, University Library of Munich, Germany.
    7. Tommaso Ciarli & Maria Savona & Jodie Thorpe & Seife Ayele, 2018. "Innovation for Inclusive Structural Change. A Framework and Research Agenda," SPRU Working Paper Series 2018-04, SPRU - Science Policy Research Unit, University of Sussex Business School.
    8. Carolina Castaldi & Alessandro Nuvolari, 2004. "Technological Revolutions and Economic Growth: The “Age of Steam” Reconsidered," LEM Papers Series 2004/11, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    9. Castellacci, Fulvio, 2006. "Innovation, diffusion and catching up in the fifth long wave," MPRA Paper 27521, University Library of Munich, Germany.
    10. Olczyk, Magdalena, 2011. "Structural changes in the Polish economy - the analysis of input-output," MPRA Paper 33659, University Library of Munich, Germany.
    11. Maria Savona & André Lorentz, 2005. "Demand and Technology Determinants of Structural Change and Tertiarisation: An Input-Output Structural Decomposition Analysis for four OECD Countries," LEM Papers Series 2005/25, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    12. Mauro Caminati & Arsenio Stabile, 2010. "The Pattern Of Knowledge Flows Between Technology Fields," Metroeconomica, Wiley Blackwell, vol. 61(2), pages 364-397, May.
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