The Semiconductor Business: The Economics of Rapid Growth and Decline (Economics of Technological Change)

Malerba, Franco

Business & Money

Univ of Wisconsin Pr

The semiconductor business: The economics of rapid growth and decline

F. Pinter

<p>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.</p>

Innovation and the Evolution of Industries: History-Friendly Models

Nelson, Richard R.

Winter, Sidney G.

Orsenigo, Luigi

Economics

Cambridge University Press

Modern Evolutionary Economics

<p>Evolutionary economics sees the economy as always in motion with change being driven largely by continuing innovation. This approach to economics, heavily influenced by the work of Joseph Schumpeter, saw a revival as an alternative way of thinking about economic advancement as a result of Richard Nelson and Sidney Winter's seminal book, An Evolutionary Theory of Economic Change, first published in 1982. In this long-awaited follow-up, Nelson is joined by leading figures in the field of evolutionary economics, reviewing in detail how this perspective has been manifest in various areas of economic inquiry where evolutionary economists have been active. Providing the perfect overview for interested economists and social scientists, readers will learn how in each of the diverse fields featured, evolutionary economics has enabled an improved understanding of how and why economic progress occurs.</p>

Modern Evolutionary Economics: An Overview

Dosi, Giovanni

Helfat, Constance E.

Pyka, Andreas

Saviotti, Pier Paolo

Lee, Keun

Dopfer, Kurt

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