© 1995

The Economics of Localized Technological Change and Industrial Dynamics


Part of the Economics of Science, Technology and Innovation book series (ESTI, volume 3)

Table of contents

  1. Front Matter
    Pages i-vii
  2. Introduction: Localized technological change. A survey and critique

  3. Part One

  4. Part Two

    1. Cristiano Antonelli
      Pages 125-134
    2. Cristiano Antonelli
      Pages 135-151
    3. Cristiano Antonelli
      Pages 152-166
  5. Back Matter
    Pages 167-183

About this book


The concept of localized technological change is emerging at the crossroads of different approaches to the economics of innovation and new technologies. The term `localized technological change' refers to the introduction of technological changes which make possible an increase in total factor productivity within only a limited range of techniques defined by the levels of factor intensity. This contrasts with `generalized technological change', which is defined as the global shift of all the techniques represented on the map of isoquants of the neoclassical tradition.
The Economics of Localized Technological Change elaborates the notion of localized technology with respect to firms, factor substitution, sectors, regions and techniques. It also assesses the implications for industrial policy, technology and innovation policy. The book will be of interest to corporate policy makers, scholars of industrial organization and economics of innovation as well as business school students.


Diversity Industrial Organization Schumpeter organizations productivity

Authors and affiliations

  1. 1.University of TorinoItaly
  2. 2.University of ManchesterUK

Bibliographic information

Industry Sectors
Consumer Packaged Goods
Finance, Business & Banking