Objects and Subjects in Technological Interdependence. Towards a Framework to Monitor Innovation

Daniele Archibugi and Roberto Simonetti

International Journal of the Economics of Business, 1998, vol. 5, issue 3, 295-309

Abstract: Technology, even more than other aspects of economic life, is characterized by a strong interdependence across both sectors and organizations. However, we still know little about the determinants and impact of technological interdependence. The standard input-output analysis is unable to explain interdependence in technological life since a large proportion of innovations are either untraded or are disembodied from products. Innovations which are not appropriated by the innovators are not signalled by prices. Moreover, input-output tables do not systematically consider exchanges within economic organizations, such as firms. This paper proposes a more complex accounting framework for innovation which would monitor the technological field of the innovation and the product where it is used, as well as the producer-user interrelationship.

Keywords: Innovation; Technical Change; R&D (search for similar items in EconPapers)
Date: 1998
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Citations: View citations in EconPapers (3)

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DOI: 10.1080/13571519884404

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