Localized Technological Change and Path-Dependent Growth (1998)
Andrea P. Bassanini, Giovanni Dosi, Ken Judd, Yuri Kaniovski, Mordecai Kurz, Giancarlo Marini, ...
In recent years the theory of macroeconomic growth has seen an expanding literature building upon the idea that technological change is localized (technology-specific) to investigate various...
Modeling Industrial Dynamics with Innovative Entrants
Sydney Winter, Yuri Kaniovski, Giovanni Dosi
The paper analyzes some generic features of industrial dynamics whereby innovative change is carried, stochastically, by new entrants. Relying on the formal representation suggested in Winter et al....
A baseline model of industry evolution
Sidney Winter, Yuri Kaniovski, Giovanni Dosi
The paper analyses some general dynamic properties of industries characterized by heterogeneous firms and continuing stochastic entry. After a brief critical assessment of some significant drawbacks...