Mature Systems in Global Markets: The Need for an Institutional Division of Labour
This paper approaches innovation as a need and not as a choice, particularly in the case of mature systems, defined as localized systems of production that are deeply specialised in mature industries. Their only strategy to achieve competitiveness is an innovation-driven shake-out combining new technological patterns with the existing resources and involving local institutions in production in order to avoid an unbearable shock. The Italian case is useful to introduce the idea of an institutional division of labour limited by the extent of the market and the institutional coherence of the system. According to this approach, the innovation policy has also a political dimension, which development and competition possibilities depend on.
|Date of creation:||07 Jul 2011|
|Date of revision:|
|Contact details of provider:|| Postal: Via Voltapaletto, 11 - I-44121 Ferrara (Italy)|
Phone: +39 0532 455006
Fax: +39 0532 205349
Web page: http://dipem.economia.unife.it/
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Bianchi Patrizio, 2004. "L'industria italiana," Rivista italiana degli economisti, Società editrice il Mulino, issue 1, pages 117-138.
- Smith, Adam, 1776. "An Inquiry into the Nature and Causes of the Wealth of Nations," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, number smith1776.
- Marshall, Alfred, 1890.
"The Principles of Economics,"
History of Economic Thought Books,
McMaster University Archive for the History of Economic Thought, number marshall1890.
- Smith, Adam, 2008. "An Inquiry into the Nature and Causes of the Wealth of Nations: A Selected Edition," OUP Catalogue, Oxford University Press, number 9780199535927 edited by Sutherland, Kathryn, December.
- George J. Stigler, 1951. "The Division of Labor is Limited by the Extent of the Market," Journal of Political Economy, University of Chicago Press, vol. 59, pages 185.
- G. Hodgson., 2007. "What Are Institutions?," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 8.
- Klepper, Steven, 1996. "Entry, Exit, Growth, and Innovation over the Product Life Cycle," American Economic Review, American Economic Association, vol. 86(3), pages 562-83, June.
- Aditya Bhattacharjea, 2003. "Book Review: Kicking away the Ladder: Development Strategy in Historical Perspective," Indian Economic Review, Department of Economics, Delhi School of Economics, vol. 38(1), pages 126-129, January.
- Andrew Mold, 2003. "Kicking away the ladder: development strategy in historical perspective by HA-JOON CHANG. (London: Anthem Press, 2002, pp. 187)," Journal of International Development, John Wiley & Sons, Ltd., vol. 15(5), pages 668-670.
- Nelson, Richard R. & Sampat, Bhaven N., 2001. "Making sense of institutions as a factor shaping economic performance," Journal of Economic Behavior & Organization, Elsevier, vol. 44(1), pages 31-54, January.
- Elvira Uyarra, 2010. "What is evolutionary about ‘regional systems of innovation’? Implications for regional policy," Journal of Evolutionary Economics, Springer, vol. 20(1), pages 115-137, January.
- Kuhlmann, Stefan, 2001. "Future governance of innovation policy in Europe -- three scenarios," Research Policy, Elsevier, vol. 30(6), pages 953-976, June.
- Etzkowitz, Henry & Leydesdorff, Loet, 2000. "The dynamics of innovation: from National Systems and "Mode 2" to a Triple Helix of university-industry-government relations," Research Policy, Elsevier, vol. 29(2), pages 109-123, February.
- Klepper, Steven, 1997. "Industry Life Cycles," Industrial and Corporate Change, Oxford University Press, vol. 6(1), pages 145-81.
When requesting a correction, please mention this item's handle: RePEc:udf:wpaper:201109. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Alberto Benati)
If references are entirely missing, you can add them using this form.