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Knowledge appropriability and directed technological change: the Schumpeterian creative response in global markets

Author

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  • Cristiano Antonelli

    (Università di Torino
    BRICK (Bureau of Research in Innovation Complexity and Knowledge))

  • Christophe Feder

    (BRICK (Bureau of Research in Innovation Complexity and Knowledge)
    Università della Valle d’Aosta)

Abstract

When competition takes place in homogenous product markets between firms based in heterogeneous factor markets, the strategic introduction of biased technological change, directed towards the intensive use of factors that are locally and exclusively cheaper, can increase knowledge appropriability. The appreciation of the strategic direction of technological change widens the role of the Schumpeterian creative response in international trade and enables to grasp the central role of process innovations. The econometric analysis at the industry level of 13 OECD countries from 1995 to 2015 supports the hypotheses that openness to trade stirs the creative response and that process innovations, together with product innovations, account for the trade surplus.

Suggested Citation

  • Cristiano Antonelli & Christophe Feder, 2021. "Knowledge appropriability and directed technological change: the Schumpeterian creative response in global markets," The Journal of Technology Transfer, Springer, vol. 46(3), pages 686-700, June.
  • Handle: RePEc:kap:jtecht:v:46:y:2021:i:3:d:10.1007_s10961-020-09796-4
    DOI: 10.1007/s10961-020-09796-4
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    Cited by:

    1. Cristiano Antonelli & Christophe Feder, 2022. "Knowledge properties and the creative response in the global economy: European evidence for the years 1990–2016," The Journal of Technology Transfer, Springer, vol. 47(2), pages 459-475, April.
    2. Cristiano Antonelli & Gianluca Orsatti & Guido Pialli, 2023. "The effects of the limited exhaustibility of knowledge on firm size and the direction of technological change," The Journal of Technology Transfer, Springer, vol. 48(4), pages 1359-1385, August.

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    More about this item

    Keywords

    Knowledge appropriability; Creative response; Schumpeter–Heckscher–Ohlin; Technological congruence; Process innovation;
    All these keywords.

    JEL classification:

    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • F15 - International Economics - - Trade - - - Economic Integration

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