1984 | OriginalPaper | Chapter
Technical Change in the International Environment: The Dynamics of Trade and Investment
Author : Giovanni Dosi
Published in: Technical Change and Industrial Transformation
Publisher: Palgrave Macmillan UK
Included in: Professional Book Archive
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In the previous chapter we analysed the effect of technical change upon industrial structures in relation to some fundamental variables (inter-firm technological lags and leads, productivity, prices, margins), under the assumption of a closed economy. We shall try now to extend the discussion to industries belonging to different countries and characterised by different capabilities to innovate and/or imitate.