The Intensity Evaluation of Technological Change:the Mercalli scale for innovations
The purpose of this paper, after accurate description of the taxonomies of the innovation available in economic literature, is to evaluate technological change on the basis of the effects provoked by the innovative waves on consumers, firms and markets. Similarly to the Mercalli-Cancani- Sieberg scale, used in seismology to empirically evaluate earthquakes, this paper introduces a scale of innovative intensity (SIIN) characterised by 7 increasing degrees that describe the main effects caused by innovation on the geoeconomic environment. A conclusive discussion will show that the geographical approach proposed is complementary to the historical approach used in economic theory and assists comprehension of the complex phenomenon of economic-technological change.
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- Alessandro Sembenelli & Laura Rondi & Fabio Schiantarelli & Brian Sack, 1993. "Firms' Financial And Real Responses To Business Cycle Shocks And Monetary Tightening: Evidence For Large And Small Italian Companies," CERIS Working Paper 199305, Institute for Economic Research on Firms and Growth - Moncalieri (TO) ITALY -NOW- Research Institute on Sustainable Economic Growth - Moncalieri (TO) ITALY.
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