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The dynamics of industry growth, technology and globalization have
a dramatic impact on the current economic growth of nations,
significantly changing the market structure and world trade, and
challenging the competitive equilibrium and their guiding
principles. In the world of innovations and spill-over of R&D
effects, various forms of non-competitive market structures have
evolved in recent times. This book analyzes the new paradigm of
change in technology intensive industries, with an emphasis in
three main areas; non-parametric models of growth, sources of
industry growth and non-competitive market structures in a dynamic
framework. The authors to this volume utilise theoretical and
empirical analysis to examine the role of R&D investment and
Solow-type technical progress, using the non-parametric methods of
efficiency analysis, also known as Data Envelopment Analysis. This
book is essential reading for all interested in economic theory and
innovation.
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