Market Structure and Technological Change
WILLIAM L. BALDWIN and JOHN T. SCOTT
Dartmouth College, USA
1. THE SCHUMPETERIAN LEGACY
Any systematic treatment of the literature on the relationship between the organization of industry and technological progress must begin with the pioneering work of Joseph A. Schumpeter. Subsequent studies, theoretical and empirical alike, often identify their topic as yet another contribution to the “Schumpeterian” hypothesis, model, or system. Given the fundamental role of Schumpeter’s thought and the fragmentary portions of his system examined by various subsequent writers, a brief review of his vision and analysis of the interactions among innovation, market structure, and economic progress seems a necessary prologue. ...
Get Market Structure and Technological Change now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
