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Innovation and the Evolution of Industries - History-Friendly Models (Paperback)
Loot Price: R909
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Innovation and the Evolution of Industries - History-Friendly Models (Paperback)
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The disruptive impacts of technological innovation on established
industrial structures has been one of the distinguishing features
of modern capitalism. In this book, four leading figures in the
field of Schumpeterian and evolutionary economic theory draw on
decades of research to offer a new, 'history-friendly' perspective
on the process of creative destruction. This 'history-friendly'
methodology models the complex dynamics of innovation, competition
and industrial evolution in a way that combines analytical rigour
with an acknowledgement of the chaotic nature of history. The book
presents a comprehensive analysis of the determinants and patterns
of industrial evolution, and investigates its complex dynamics
within three key industries: computers, semiconductors, and
pharmaceuticals. It will be of great value to scholars and students
of innovation and industrial change, from backgrounds as varied as
history, economics and management. Its coverage of new
methodological tools is also useful for students who are new to
evolutionary economic theory.
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