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Competitiveness and Technical Change

Author

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  • Sérgio Almeida de Souza

Abstract

This paper makes a critical survey of some recent evolutionary economic literature dealing with industrial dynamics. Although the evolutionary models of industrial dynamics has explored the relationships among market structure and the innovation process within an analytical context that emphasize non-linearity, behavioral asymmetries and the existence of ive process in the competitive dynamics of markets, have been capable of offering compatible results with industrial organization stylized facts, a lot of limitations in technical change description pointed out have able to alter in a crucial way the results attained. JEL Classification: B52; O31; L10.

Suggested Citation

  • Sérgio Almeida de Souza, 2006. "Competitiveness and Technical Change," Brazilian Journal of Political Economy, Center of Political Economy, vol. 26(2), pages 290-316.
    • Handle: RePEc:ekm:repojs:v:26:y:2006:i:2:p:290-316:id:602
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    More about this item

    Keywords

    evolutionary approach; industrial dynamics; firm strategy;
    All these keywords.

    JEL classification:

    • B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Historical; Institutional; Evolutionary; Modern Monetary Theory;
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • L10 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - General

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