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Knowledge Accumulation and Industry Evolution - The Case of Pharma-Biotech (Hardcover)
Loot Price: R3,977
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Knowledge Accumulation and Industry Evolution - The Case of Pharma-Biotech (Hardcover)
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Written by internationally acclaimed experts in the economics of
innovation, this volume examines how the biotechnology and
pharmaceutical sector is affected by the dynamics of innovation,
institutions, and public policy. It contributes both theoretically
and empirically to the increasingly influential Schumpetarian
framework in industrial economics, which places innovation at the
centre of the analysis of competition. Both quantitative and
qualitative studies are included, and this varied perspective adds
to the richness of the volume's insights. The contributors explore
different ideas regarding the historical evolution of technology in
the sector, and how firms and industry structure have co-evolved
with innovation dynamics. Important policy questions are considered
regarding the future of innovation in this sector and its impact on
the economy.
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