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Technical Change in the International Environment: The Dynamics of Trade and Investment

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Technical Change and Industrial Transformation
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Abstract

In the previous chapter we analysed the effect of technical change upon industrial structures in relation to some fundamental variables (inter-firm technological lags and leads, productivity, prices, margins), under the assumption of a closed economy. We shall try now to extend the discussion to industries belonging to different countries and characterised by different capabilities to innovate and/or imitate.

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© 1984 Giovanni Dosi

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Dosi, G. (1984). Technical Change in the International Environment: The Dynamics of Trade and Investment. In: Technical Change and Industrial Transformation. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-17521-5_4

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