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The Evolution of the Literature on Technological Change over time: A Survey

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  • Andrea Conte

Abstract

This paper reviews the emergence and evolution of major topics in economics of innovation. Throughout the paper, particular attention is devoted to the analysis of the cumulative aspects and complementarities between di_erent paths of research over time. Moreover, this survey highlights the crucial relationship between technological change (TC) and economic growth, and the way in which economics literature has dealt with this issue over time. The structure of this survey distinguishes between different decades and it identifies the key debates in the economics literature in each period. Although relevant steps have been made over time, a systematic and satisfactory integration of di_erent theoretical perspectives appears still to be found. In recent years, there have been more sophisticated empirical and theoretical attempts to deal with TC at several, and more disaggregated, levels of analysis. Notwithstanding such advancements, further research is needed to ensure the development of a more general theory of the determinants and the effects of TC. In turn, such theory has to deal primarily with an assessment of both the complementarities between the economic incentives and the internal mechanisms of the so-called "black box" (Rosenberg, 1994), and the heterogeneity which characterises the innovative process of firms across different sectors, countries and over time.

Suggested Citation

  • Andrea Conte, 2006. "The Evolution of the Literature on Technological Change over time: A Survey," Papers on Entrepreneurship, Growth and Public Policy 2007-01, Max Planck Institute of Economics, Entrepreneurship, Growth and Public Policy Group.
    • Handle: RePEc:esi:egpdis:2007-01
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    File URL: ftp://papers.econ.mpg.de/egp/discussionpapers/2007-01.pdf
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    Citations

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    Cited by:

    1. Andrea Conte & Marco Vivarelli, 2014. "Succeeding in innovation: key insights on the role of R&D and technological acquisition drawn from company data," Empirical Economics, Springer, vol. 47(4), pages 1317-1340, December.
    2. Andrea Conte, 2013. "Determinants of policy reforms in the fields of R&D, education and innovation: EU-27 evidence during the Lisbon Decade," Chapters, in: Mehmet Ugur (ed.), Governance, Regulation and Innovation, chapter 5, pages 122-146, Edward Elgar Publishing.
    3. Nathalie Taverdet-Popiolek, 2022. "Economic Footprint of a Large French Research and Technology Organisation in Europe: Deciphering a Simplified Model and Appraising the Results," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 13(1), pages 44-69, March.
    4. Maha Mohamed Alsebai Mohamed & Pingfeng Liu & Guihua Nie, 2022. "Causality between Technological Innovation and Economic Growth: Evidence from the Economies of Developing Countries," Sustainability, MDPI, vol. 14(6), pages 1-39, March.
    5. Motoh Tsujimura & Hidekazu Yoshioka, 2023. "A robust consumption model when the intensity of technological progress is ambiguous," Mathematics and Financial Economics, Springer, volume 17, number 2, March.

    More about this item

    Keywords

    Technological change; economic growth; induced innovation; diffusion; evolutionary economics; path dependence;
    All these keywords.

    JEL classification:

    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

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