The Microeconomics of Technological Systems
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Product details:
- Publisher OUP Oxford
- Date of Publication 12 July 2001
- ISBN 9780199245536
- Binding Hardback
- No. of pages242 pages
- Size 224x145x18 mm
- Weight 399 g
- Language English
- Illustrations 5 figures, 4 tables 0
Categories
Short description:
This book explores the generation of technological knowledge and the introduction of technological change. Antonelli makes his mark in this new area of debate by arguing that increasing returns in the production of knowledge apply. By putting forward a general, interpretative framework, Antonelli enables understanding of the economic and institutional determinants of technological innovation.
MoreLong description:
This book sets out to explore the generation of technological knowledge and the introduction of technological change. Cristiano Antonelli enters this new area of debate by arguing that increasing returns in the production of knowledge apply, albeit under a very specific and contextual set of complementary conditions. Increasing returns can take place within technological districts and clusters where qualified interactions among connected innovators make it possible to take advantage of the modular indivisibility and cumulativeness of technological knowledge. Antonelli illustrates his argument by reference to technological systems and complementarities, irreversibility, and collective knowledge; by examining the role of learning and technological communication as key factors in defining the rate and direction of change within technological systems; and by identifying technological districts and clusters within a theoretical framework which values local externalities, irreversibility, and endogenous structural change.
"The Microeconomics of Technological Systems" proposes a general, interpretative framework which identifies, qualifies, and specifies the specific context and processes which make it possible for increasing returns to apply in the localized production of technological knowledge and change. In so doing, it builds on the results of systematic explorations of the microdynamics of technological knowledge and change over a large number of European technological districts and clusters centred on new communication and mechanical engineering technologies.
The systemic approach proposed in the book for understanding processes and phenomena leading to technological change is particularly valuable in informing empirical studies on local clusters.
Table of Contents:
Introduction
Irreversibility Innovation and Technological Complementarities
The Economics of Localized Technological Knowledge: Learning Recombination and Increasing Returns
Dynamic Efficiency Wages, Learning, and Innovation
Localized Technological Knowledge as a Collective Activity
The Economics of Technological Communication in Technological Districts
Collective Knowledge and the Dynamics of Technological Clusters: The Case of Communication Technologies
The Dynamics of Knowledge Internalization: The Case of the Fiat in the Technological District of Torino in the Mechanical Engineering Cluster
New Directions in the Corporate Production of Technological Knowledge
Conclusions
