Innovation, Industrial Dynamics and Industry Evolution: Progress and the Research Agendas
Franco Malerba
The analysis of innovation, industrial dynamics and the evolution of industries has witnessed major progress in several areas. The paper discusses the progress made in the industrial dynamics tradition and in the more recent stream of studies centred on the evolution of sectoral systems. It identifies some key challenges: the analysis of knowledge, actors, demand, networks, institutions and coevolution.
JEL Classification: L20, O30, R00.Keywords :
innovation, industrial dynamics, sectoral systems, evolution of industry.
• Introduction
• Innovation and industrial dynamics: progress and challenges
— The empirical work
— Models
• Innovation and the evolution of sectoral systems: progress and challenges
— Knowledge
— Actors and institutions
— Demand
— Networks
— A note on modelling industry evolution
• A key challenge common to both traditions: coupled dynamics and coevolution
• Conclusions: converging research agendas in terms of topics
• References