Akkermans, Dirk, Castaldi, Carolina, Los, Bart
In their influential book Varieties of Capitalism; The Institutional Foundations of Comparative Advantage, Peter A. Hall and David Soskice argue that the technological specialization patterns of...
'Chariots of Fire': The Evolution of Tank Technology, 1915-1945
Carolina Castaldi, Roberto Fontana, Alessandro Nuvolari
We revisit the notion of technological trajectories by means of a detailed case-study of the evolution of tank technology between 1915 and 1945. We use principal component analysis to analyze the...
Diversification Patterns in the Growth of Firms: Evidence from Italian Manufacturing
Carolina Castaldi, Mishael Milakovic, Angelo Secchi
We present empirical evidence on diversification patterns in Italian manufacturing firms and detect a robust relationship between firm size and diversification levels, with an elasticity of...
Carolina Castaldi, Mario Cimoli, Nelson Correa, Giovanni Dosi
The aim of this work is to investigate the role played by the so-called `globalization' processes of the last couples of decades on the international patterns of technological learning and on the...
Income Levels and Income Growth. Some New Cross-Country Evidence and Some Interpretative Puzzles
Carolina Castaldi, Giovanni Dosi
This work brings together two distinct ensembles of evidence concerning, at macro level, international distributions of incomes and their dynamics, and, at micro level, the size distributions of...
An evolutionary model of international competition and growth
The paper attempts to interpret a few stylized facts of international economic growth by means of an open economy evolutionary model. The idea is that growth models that incorporate a richer...
Carolina Castaldi, Giovanni Dosi
This work brings together two distinct pieces of evidence concerning, at the macro level, international distributions of incomes and their dynamics, and, at the micro level, the size distributions of...
Turnover Activity in Wealth Portfolios
Mishael Milakovic, Carolina Castaldi
We examine several named subsets of the wealthiest individuals in the US and the UK that are compiled by Forbes Magazine and Sunday Times. The data support conventional wisdom of a wealth...
An agent-based model of information contagion in a network of consumers
Carolina Castaldi, Floortje Alkemade
social networks, information contagion, advertising strategies
Carolina Castaldi, Giovanni Dosi
This paper discusses the link between patterns of technological change and economic development taking an evolutionary perspective. We argue that the modes and timing of such coupled dynamics are...
Innovation Studies Utrecht (ISU) working paper series
Papers authored or co-authored by members of the Innovation Studies Group of Utrecht University
Akkermans, Dirk, Castaldi, Carolina, Los, Bart
In their influential book Varieties of Capitalism; The Institutional Foundations of Comparative Advantage, Peter A. Hall and David Soskice argue that the technological specialization patterns of...
Strategies for the Diffusion of Innovations on Social Networks
Floortje Alkemade, Carolina Castaldi
We investigate the spread of innovations on a social network. The network consists of agents that are exposed to the introduction of a new product. Consumers decide whether or not to buy the product...
Technological Revolutions and Economic Growth: The “Age of Steam” Reconsidered
Carolina Castaldi, Alessandro Nuvolari
The aim of this paper is to review the development of steam power technology in the light of the key ideas proposed in General Purpose Technology growth models. We intend to provide a critical...
Knowledge base, information search and intention to adopt innovation
Innovation is a process that involves searching for new information. This paper builds upon theoretical insights on individual and organizational learning and proposes a knowledge based model of how...
The identification of important innovations using tail estimators
International differences in economic performance are often attributed to differences in innovative performance. Much empirical work supports this contention, but problems in quantifying innovative...
Growing like mushrooms? Sectoral evidence from four large European economies
Carolina Castaldi, Sandro Sapio
Sectoral growth, Subbotin distribution, Scaling, Manufacturing, Europe, C10, O47, O51,
We contribute to the understanding of how technologies may be perceived to be part of technology clusters. The value added of the paper is both at a theoretical and empirical level. We add to the...