Abstract
The theory of industry evolution discusses the sources of industry growth in terms of the constituent firms and their interactions. Industry evolution today depends critically on three sets of forces: (1) innovations and R&D investments, (2) knowledge diffusion and learning by doing, and (3) competitive selection mechanisms in market dynamics.
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© 2012 Springer Science+Business Media New York
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Sengupta, J. (2012). Industry Evolution Mechanisms. In: Dynamics of Industry Growth. Springer, New York, NY. https://doi.org/10.1007/978-1-4614-3852-6_6
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DOI: https://doi.org/10.1007/978-1-4614-3852-6_6
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Online ISBN: 978-1-4614-3852-6
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