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Hicks and Richardson on Industrial Change: Analysis and Policy

In: Innovation, Economic Growth and the Firm

Author

Listed:
  • Mario Amendola
  • Sergio Bruno
  • Jean-Luc Gaffard

Abstract

This book addresses the foundations of economic growth at the firm level, combining both theoretical and econometric contributions by established scholars. Challenging contributions revisit Marshall’s view on the management of innovation, investigate the decision of firms to venture into entrepreneurship and clarify some misunderstanding about Schumpeter’s ideas. The book goes on to shed light on the classical specialisation-flexibility trade-off and provides a vision on the role of the knowledge-based economy and firm networks in technology development. Firm survival and performance, price-cost margins and the determinants of research intensity are also investigated econometrically.

Suggested Citation

  • Mario Amendola & Sergio Bruno & Jean-Luc Gaffard, 2010. "Hicks and Richardson on Industrial Change: Analysis and Policy," Chapters, in: Jean-Luc Gaffard & Evens Salies (ed.), Innovation, Economic Growth and the Firm, chapter 2, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:13101_2
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    References listed on IDEAS

    as
    1. Sergio Bruno, 2004. "La concorrenza come viaggio esplorativo nell'ignoto: dai giochi di prezzo alle azioni sperimentali," STUDI ECONOMICI, FrancoAngeli Editore, vol. 2004(82).
    2. Mario Amendola, 1991. "Liquidity, Flexibility and Processes of Economic Change," International Economic Association Series, in: Lionel W. McKenzie & Stefano Zamagni (ed.), Value and Capital: Fifty Years Later, chapter 12, pages 333-351, Palgrave Macmillan.
    3. Amendola, M & Gaffard, J L, 1992. "Intertemporal Complementarity and Money in an Economy out of Equilibrium," Journal of Evolutionary Economics, Springer, vol. 2(2), pages 131-145, August.
    4. Hicks, John, 2017. "A Market Theory of Money," OUP Catalogue, Oxford University Press, number 9780198796237.
    5. Douglass C. North, 2005. "Introduction to Understanding the Process of Economic Change," Introductory Chapters, in: Understanding the Process of Economic Change, Princeton University Press.
    6. Amendola, Mario & Gaffard, Jean-Luc, 1998. "Out of Equilibrium," OUP Catalogue, Oxford University Press, number 9780198293804.
    7. Amendola, Mario & Bruno, Sergio, 1990. "The behaviour of the innovative firm: Relations to the environment," Research Policy, Elsevier, vol. 19(5), pages 419-433, October.
    8. Amendola1, M. & Froeschle, C. & Gaffard, J. L., 1993. "Sustaining structural change: Malthus's heritage," Structural Change and Economic Dynamics, Elsevier, vol. 4(1), pages 65-79, June.
    9. Richardson, G B, 1972. "The Organisation of Industry," Economic Journal, Royal Economic Society, vol. 82(327), pages 883-896, September.
    10. Hicks, J R, 1970. "A Neo-Austrian Growth Theory," Economic Journal, Royal Economic Society, vol. 80(318), pages 257-281, June.
    11. John C. H. Fei, 1965. "Per Capita Consumption and Growth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 79(1), pages 52-72.
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