Heterogenous Agents, Complementaries, and Diffusion. Do Increasing Returns Imply Convergence to International Technological Monopolies?

Andrea Bassanini and Giovanni Dosi

LEM Papers Series from Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy

Abstract: This work concerns some generic properties of the international diffusion of technologies and products in markets which are interdependent but displays, to varying degrees, location specific forms of dynamic increasing returns and externalities.

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Date: 1999-11-14
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Persistent link: https://EconPapers.repec.org/RePEc:ssa:lemwps:1999/04

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