1,721,034 research outputs found

    Charles Babbage, Technological Change and the National System of Innovation

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    In this work I investigate the role played by Charles Babbage in the economic analysis of technological change. His contribution is quite important, since the way in which he carried out his studies anticipated themes which are the centre of economics and policymaking today. He considered the economic forces which shape technology and its change, the importance of scientific knowledge as well as the role that institutions may play. Put another way, particularly in his Reflections on the Decline of Science in England and Some of its Causes he anticipated the concept of the national system of innovation

    Italy

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    On technolgy competition: a formal analysis of the sailing-ship effect

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    One of the key features of our economies consists of the coexistence of different technologies supplying similar products and services. We often observe that an old technology is improved when a new one appears; behind this process of improvement often lies an intentional research activity. There thus begins a competition between the two technologies whose performances are improved via R&D. We focus our attention on this competition process and supply a formal model, based on the optimization of R&D expenditure of both technologies, which can describe the dynamics of the delayed overtaking of the new technology over the old on

    Innovation in industrial districts: Evidence from Italy

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    The aim of this paper is to show that Italian manufacturing firms belonging to Marshallian industrial districts carry out a higher innovative effort than is usually acknowledged. The empirical analysis makes use of a panel of 1,218 district and non-district firms belonging to traditional sectors. Data refers to the years 1992 and 1995. We have estimated an augmented Cobb–Douglas production function. The estimates make it possible to empirically identify three different determinants of firms’ productivity: (i) the intentional innovative activity; (ii) the ‘‘district effect’’; and (iii) the joint district and innovation effect. The results show that firms’ membership in industrial districts and product innovations are key factors in explaining the productivity of firms working in traditional Italian sectors
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