Innovation et évolution industrielle de long terme

Jackie Krafft and Marie-Antoinette Maupertuis
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Marie-Antoinette Maupertuis: Università di Corsica Pasquale Paoli [Université de Corse Pascal Paoli]

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Abstract: This article presents the new developments in industry life cycle analysis, compared to the basic model of Gort and Klepper (1982). In a context where industry life cycle models are back at the centre stage of the economic literature, the purpose of the article is, first, to assess the analytical and empirical results of this specific trend of industrial dynamics. Second, it is to show the limits of this framework in integrating some crucial determinants of the industrial dynamics - such as vertical relationships, different types of interfirms cooperation, the nature of demand, market segmentation, or the industrial property context - which are nevertheless key evolution mechanisms of industries in modern economies. Third, it is to characterize the possible connexions and/or divergences between industry life cycle models and other trends of the industrial dynamics literature, be they evolutionary or mainstream, able to come over the preceding limitations.

Date: 2004
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Published in Revue Française d'Economie, 2004, 19 (2), pp.189-223

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Journal Article: Innovation et évolution industrielle de long terme (2004)
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