Malerba, Franco; Nelson, Richard; Orsenigo, Luigi and Winter, Sidney
PDF (Accepted Manuscript)
- Requires a PDF viewer such as GSview, Xpdf or Adobe Acrobat Reader
|DOI (Digital Object Identifier) Link:||http://doi.org/10.1016/j.jebo.2006.10.010|
|Google Scholar:||Look up in Google Scholar|
In this paper, we explore the effects of alternative policies, ranging from antitrust to public procurement, open standards, information diffusion and basic research support on the dynamics of two vertically related industries in changing and uncertain technological and market environments. The two industries are a system industry and a component industry, and the evolution of these industries is characterized by periods of technological revolutions punctuating periods of relative technological stability and smooth technical progress. We have been inspired by the co-evolution of the computer and component industries from their inceptions to the 1980s. On the basis of that evolution, we have developed a history friendly-model this co-evolution. In sum, this paper has stressed that various types of policies may sometimes have contrasting effects on the industry, mainly on concentration and technical change and innovation. It has also shown that the consequences of policies may spillover from one industry to another, and from one type of firms to another. Policies that aim at a specific industry may provoke major changes in a related industry through the product market, the changing boundaries of firms or knowledge and technological interdependencies. The policy maker has to be aware of that. Finally, a major point of the paper regards the unintended consequences of policies.
|Item Type:||Journal Article|
|Copyright Holders:||2008 Elsevier B.V.|
|Academic Unit/Department:||Faculty of Arts and Social Sciences (FASS) > Politics, Economics, Development, Geography
Faculty of Arts and Social Sciences (FASS)
|Depositing User:||Luigi Orsenigo|
|Date Deposited:||08 Oct 2007|
|Last Modified:||04 Aug 2016 16:26|
|Share this page:|
Download history for this item
These details should be considered as only a guide to the number of downloads performed manually. Algorithmic methods have been applied in an attempt to remove automated downloads from the displayed statistics but no guarantee can be made as to the accuracy of the figures.