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On the Life Cycle of Knowledge Intensive Sectors

  • Thomas Grebel
  • Jackie Krafft
  • Pier-Paolo Saviotti

The theme of industry life cycle (ILC) is today one of the central fields of research in industrial dynamics. ILC shows that industries behave like biological organisms, and proceed through different phases of development, from emergence to decline. Although this approach constitutes one of the most important recent advances in industrial dynamics, its major results are drawn from the historical evolution of industries that emerged during the first half of the 20th century in the US. In this perspective, we stress that these results relative to industries which are today mature industries are not necessarily generalisable to the evolution of industries that emerged (or radically changed) during the late 20th century, such as the biotechnology and the telecommunications industry that are often termed as knowledge intensive industries. We thus elaborate on the new theme of knowledge intensive industry life cycle. JEL Classification: L20, L65, L96.

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Article provided by Presses de Sciences-Po in its journal Revue de l'OFCE.

Volume (Year): 97 bis (2006)
Issue (Month): 5 ()
Pages: 63-85

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Handle: RePEc:cai:reofsp:reof_073_85
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  1. Krafft, Jackie, 2004. "Entry, exit and knowledge: evidence from a cluster in the info-communications industry," Research Policy, Elsevier, vol. 33(10), pages 1687-1706, December.
  2. Bresnahan, Timothy F. & Trajtenberg, M., 1995. "General purpose technologies 'Engines of growth'?," Journal of Econometrics, Elsevier, vol. 65(1), pages 83-108, January.
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  5. repec:cup:cbooks:9780521813297 is not listed on IDEAS
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  7. Richard N. Langlois, 2001. "The Vanishing Hand: the Changing Dynamics of Industrial Capitalism," Economic History 0110001, EconWPA.
  8. Teece, David J., 1986. "Profiting from technological innovation: Implications for integration, collaboration, licensing and public policy," Research Policy, Elsevier, vol. 15(6), pages 285-305, December.
  9. Utterback, James M. & Suarez, Fernando F., 1993. "Innovation, competition, and industry structure," Research Policy, Elsevier, vol. 22(1), pages 1-21, February.
  10. Chris Freeman & Luc Soete, 1997. "The Economics of Industrial Innovation, 3rd Edition," MIT Press Books, The MIT Press, edition 3, volume 1, number 0262061953, August.
  11. Sahal, Devendra, 1985. "Technological guideposts and innovation avenues," Research Policy, Elsevier, vol. 14(2), pages 61-82, April.
  12. Jackie Krafft & Jacques-Laurent Ravix, 2005. "The governance of innovative firms: An evolutionary perspective," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 14(3), pages 125-147.
  13. Jackie Krafft, 2006. "The emergence and growth of broadband in the French info-communications system of innovation," Post-Print hal-00211792, HAL.
  14. Bart Nooteboom, 2000. "Learning by Interaction: Absorptive Capacity, Cognitive Distance and Governance," Journal of Management and Governance, Springer, vol. 4(1), pages 69-92, March.
  15. Thomas Grebel & Jackie Krafft & Pier-Paolo Saviotti, 2006. "On knowledge intensive industry life cycles," Post-Print hal-00203585, HAL.
  16. Malerba, Franco & Orsenigo, Luigi, 1996. "Schumpeterian patterns of innovation are technology-specific," Research Policy, Elsevier, vol. 25(3), pages 451-478, May.
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