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Endogenous innovation: the creative response

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  • Cristiano Antonelli

Abstract

The limits of both evolutionary approaches, based upon biological metaphors, and the new growth theory based on the early economics of knowledge, are becoming apparent. Considerable progress can be made by implementing an evolutionary complexity approach that builds upon the legacy of Schumpeter [1947a. ‘The Creative Response in Economic History’. The Journal of Economic History 7 (2): 149–159] with the notions of: (i) reactive decision-making; (ii) multiple feedback; (iii) innovation as the outcome of an emergent system process rather than individual action; (iv) organized complexity and knowledge connectivity; (v) endogenous variety; (vi) non-ergodic path dependent dynamics. Building upon these bases, the paper articulates an endogenous theory of innovation centered upon the analysis of the systemic conditions that make the creative reaction and hence the introduction of innovations possible.

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  • Cristiano Antonelli, 2017. "Endogenous innovation: the creative response," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 26(8), pages 689-718, November.
    • Handle: RePEc:taf:ecinnt:v:26:y:2017:i:8:p:689-718
    DOI: 10.1080/10438599.2016.1257444
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    8. Cristiano Antonelli & Francesco Crespi & Giuseppe Scellato, 2018. "Productivity growth persistence: firm strategies, size and system properties," Chapters, in: The Evolutionary Complexity of Endogenous Innovation, chapter 8, pages 176-202, Edward Elgar Publishing.
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    11. Cristiano Antonelli & Gianluigi Ferraris, 2011. "Innovation as an Emerging System Property: An Agent Based Simulation Model," Journal of Artificial Societies and Social Simulation, Journal of Artificial Societies and Social Simulation, vol. 14(2), pages 1-1.
    12. Antonelli, Cristiano & Krafft, Jackie & Quatraro, Francesco, 2010. "Recombinant knowledge and growth: The case of ICTs," Structural Change and Economic Dynamics, Elsevier, vol. 21(1), pages 50-69, March.
    13. Dopfer,Kurt (ed.), 2005. "The Evolutionary Foundations of Economics," Cambridge Books, Cambridge University Press, number 9780521621991, September.
    14. Cristiano Antonelli (ed.), 2011. "Handbook on the Economic Complexity of Technological Change," Books, Edward Elgar Publishing, number 13391.
    15. Cristiano Antonelli, 2008. "Pecuniary knowledge externalities: the convergence of directed technological change and the emergence of innovation systems," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 17(5), pages 1049-1070, October.
    16. Cristiano Antonelli, 2017. "The derived demand for knowledge," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 26(1-2), pages 183-194, February.
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    18. Cristiano Antonelli & Francesco Quatraro, 2010. "The effects of biased technological change on total factor productivity: empirical evidence from a sample of OECD countries," The Journal of Technology Transfer, Springer, vol. 35(4), pages 361-383, August.
    19. Cristiano Antonelli & Pier Paolo Patrucco & Francesco Quatraro, 2011. "Productivity Growth and Pecuniary Knowledge Externalities: An Empirical Analysis of Agglomeration Economies in European Regions," Economic Geography, Clark University, vol. 87(1), pages 23-50, January.
    20. Cristiano Antonelli & Francesco Crespi & Christian A. Mongeau Ospina & Giuseppe Scellato, 2017. "Knowledge composition, Jacobs externalities and innovation performance in European regions," Regional Studies, Taylor & Francis Journals, vol. 51(11), pages 1708-1720, November.
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    25. Chong Ju Choi & Carla C. J. M. Millar & Caroline Y. L. Wong, 2005. "Knowledge and Competition," Palgrave Macmillan Books, in: Knowledge Entanglements, chapter 0, pages 97-117, Palgrave Macmillan.
    26. Giovanni Bonifati, 2010. "'More is different', exaptation and uncertainty: three foundational concepts for a complexity theory of innovation," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 19(8), pages 743-760.
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    28. Salvatore Rizzello & Margherita Turvani, 2002. "Subjective Diversity and Social Learning: A Cognitive Perspective for Understanding Institutional Behavior," Constitutional Political Economy, Springer, vol. 13(2), pages 197-210, June.
    29. Cristiano Antonelli & Agnieszka Gehringer, 2015. "The competent demand pull hypothesis: which sectors do play a role?," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 32(1), pages 97-134, April.
    30. Fransman,Martin, 2010. "The New ICT Ecosystem," Cambridge Books, Cambridge University Press, number 9780521191319, September.
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    Cited by:

    1. Cristiano Antonelli & Christophe Feder, 2021. "Knowledge appropriability and directed technological change: the Schumpeterian creative response in global markets," The Journal of Technology Transfer, Springer, vol. 46(3), pages 686-700, June.
    2. Mauro Soto Rubio & Vicente Germán-Soto & Luis Gutiérrez Flores, 2023. "Patentes, tamaño de empresa y financiamiento público en México: análisis regional con modelos de datos de conteo," Remef - Revista Mexicana de Economía y Finanzas Nueva Época REMEF (The Mexican Journal of Economics and Finance), Instituto Mexicano de Ejecutivos de Finanzas, IMEF, vol. 18(1), pages 1-26, Enero - M.
    3. Cristiano Antonelli & Christophe Feder, 2022. "Knowledge properties and the creative response in the global economy: European evidence for the years 1990–2016," The Journal of Technology Transfer, Springer, vol. 47(2), pages 459-475, April.
    4. Novaresio, Anna & Patrucco, Pier Paolo, 2023. "Innovation and trade in the automotive industry: evidence from European countries (1990-2018)," Department of Economics and Statistics Cognetti de Martiis. Working Papers 202306, University of Turin.
    5. Paola Cardamone, 2018. "Firm innovation and spillovers in Italy: Does geographical proximity matter?," Letters in Spatial and Resource Sciences, Springer, vol. 11(1), pages 1-16, March.
    6. G. Alenka Guzmán Chávez. & Hortensia Gómez Víquez. & Francisco López Herrera., 2018. "Patentes y crecimiento económico, el caso de México durante el TLCAN," Economía: teoría y práctica, Universidad Autónoma Metropolitana, México, vol. 0(2), pages 177-204, Agosto.
    7. Antonelli, Cristiano & Orsatti, Gianluca & Pialli, Guido, 2023. "Out of Equilibrium and Intangible Assets," Department of Economics and Statistics Cognetti de Martiis. Working Papers 202323, University of Turin.
    8. Cristiano Antonelli & Christophe Feder, 2021. "Schumpeterian loops in international trade: the evidence of the oecd countries," Journal of Evolutionary Economics, Springer, vol. 31(3), pages 799-820, July.
    9. Pindado, Emilio & Sánchez, Mercedes & García Martínez, Marian, 2023. "Entrepreneurial innovativeness: When too little or too much agglomeration hurts," Research Policy, Elsevier, vol. 52(1).
    10. Cristiano Antonelli & Christophe Feder, 2021. "The Schumpeterian creative response: export and innovation: evidence for OECD countries 1995–2015," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 38(3), pages 803-821, October.
    11. Félix-Fernando Muñoz & María-Isabel Encinar, 2019. "Some elements for a definition of an evolutionary efficiency criterion," Journal of Evolutionary Economics, Springer, vol. 29(3), pages 919-937, July.

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