Localized Technological Change and Schumpeterian Growth Regimes

Cristiano Antonelli

The Manchester School of Economic & Social Studies, 1996, vol. 64, issue 4, 351-70

Abstract: Tacit knowledge and learning to learn generate, with high levels of switching costs, localized technological change. The dynamics of endogenous technological change, localized by tacit learning processes and induced by relative price changes of production factors, in turn can be used to explain the clustering of innovations and, consequently, discontinuous growth. Copyright 1996 by Blackwell Publishers Ltd and The Victoria University of Manchester

Date: 1996
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Persistent link: https://EconPapers.repec.org/RePEc:bla:manch2:v:64:y:1996:i:4:p:351-70

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