MARKET STRUCTURE AND INDUSTRIAL INNOVATION
Literature on the link between market structure and industrial innovation is surveyed. Part II focuses on the so-called Schumpeterian hypothesis that large firm size, diversification or monopoly power is conducive to innovation and technical progress. Both empirical studies and theoretical developme...
| Main Author: | |
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| Format: | Article |
| Language: | English |
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Pluto Journals
1990-05-01
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| Series: | Prometheus |
| Online Access: | https://www.scienceopen.com/hosted-document?doi=10.1080/08109029008631877 |
| _version_ | 1797730112540508160 |
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| author | J.K. Lodewijks |
| author_facet | J.K. Lodewijks |
| author_sort | J.K. Lodewijks |
| collection | DOAJ |
| description | Literature on the link between market structure and industrial innovation is surveyed. Part II focuses on the so-called Schumpeterian hypothesis that large firm size, diversification or monopoly power is conducive to innovation and technical progress. Both empirical studies and theoretical developments are reviewed; for the former, the difficulties are catalogued and for the latter, a critique of recent trends is developed. The effect of innovation on market structure is taken up in Part IV, while Part V portrays the merits of the new approach of Nelson and Winter in their An Evolutionary Theory of Economic Change. |
| first_indexed | 2024-03-12T11:40:29Z |
| format | Article |
| id | doaj.art-5aac7c99b0a84556b1f8be49522479d4 |
| institution | Directory Open Access Journal |
| issn | 0810-9028 1470-1030 |
| language | English |
| last_indexed | 2024-03-12T11:40:29Z |
| publishDate | 1990-05-01 |
| publisher | Pluto Journals |
| record_format | Article |
| series | Prometheus |
| spelling | doaj.art-5aac7c99b0a84556b1f8be49522479d42023-08-31T16:01:25ZengPluto JournalsPrometheus0810-90281470-10301990-05-018110812810.1080/08109029008631877MARKET STRUCTURE AND INDUSTRIAL INNOVATIONJ.K. LodewijksLiterature on the link between market structure and industrial innovation is surveyed. Part II focuses on the so-called Schumpeterian hypothesis that large firm size, diversification or monopoly power is conducive to innovation and technical progress. Both empirical studies and theoretical developments are reviewed; for the former, the difficulties are catalogued and for the latter, a critique of recent trends is developed. The effect of innovation on market structure is taken up in Part IV, while Part V portrays the merits of the new approach of Nelson and Winter in their An Evolutionary Theory of Economic Change.https://www.scienceopen.com/hosted-document?doi=10.1080/08109029008631877 |
| spellingShingle | J.K. Lodewijks MARKET STRUCTURE AND INDUSTRIAL INNOVATION Prometheus |
| title | MARKET STRUCTURE AND INDUSTRIAL INNOVATION |
| title_full | MARKET STRUCTURE AND INDUSTRIAL INNOVATION |
| title_fullStr | MARKET STRUCTURE AND INDUSTRIAL INNOVATION |
| title_full_unstemmed | MARKET STRUCTURE AND INDUSTRIAL INNOVATION |
| title_short | MARKET STRUCTURE AND INDUSTRIAL INNOVATION |
| title_sort | market structure and industrial innovation |
| url | https://www.scienceopen.com/hosted-document?doi=10.1080/08109029008631877 |
| work_keys_str_mv | AT jklodewijks marketstructureandindustrialinnovation |