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Learning and the Dynamics of International Competitive Advantage

In: Learning and Technological Change

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  • William Lazonick

Abstract

To produce goods and services requires knowledge. To acquire knowledge requires learning. Given a society’s endowment of physical resources, the more it learns, the greater its productive potential. Learning can enable producers to use existing technologies more effectively. Learning can also enable producers to discover ways to substitute for those resources with which they are meagrely endowed. Learning, therefore, can both improve a society’s productivity on the basis of available technologies and its ability to generate new technologies.

Suggested Citation

  • William Lazonick, 1993. "Learning and the Dynamics of International Competitive Advantage," Palgrave Macmillan Books, in: Ross Thomson (ed.), Learning and Technological Change, chapter 10, pages 172-197, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-22855-3_10
    DOI: 10.1007/978-1-349-22855-3_10
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    Cited by:

    1. William Lazonick, 2010. "The Chandlerian corporation and the theory of innovative enterprise," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 19(2), pages 317-349, April.
    2. William Lazonick, 2006. "Corporate Governance, Innovative Enterprise, and Economic Development," WIDER Working Paper Series RP2006-71, World Institute for Development Economic Research (UNU-WIDER).
    3. William Lazonick, 2008. "Entrepreneurial Ventures and the Developmental State: Lessons from the Advanced Economies," WIDER Working Paper Series DP2008-01, World Institute for Development Economic Research (UNU-WIDER).

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