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Título : Innovation, catch-up, and leadership in science-based industries
Autor : Almudi, Isabel
Fatas-Villafranca, Francisco
Izquierdo Millán, Luis Rodrigo
Publicado en: Industrial and Corporate Change, 2012, V. 21, n. 2, p. 345–375
Editorial : Oxford University Press
Fecha de publicación : abr-2012
ISSN : 0960-6491
DOI: 10.1093/icc/dtr041
Resumen : In this article, we seek to shed new light on the sources of industrial leadership and catch-up in science-based industries. We propose an evolutionary model that incorporates scientists’ training and migration, endogenous R&D decisions, and the possibility of funding capital accumulation through debt. The analysis of the model allows us to characterize a robust pattern of industrial catch-up. Likewise, the sensitivity analysis shows which parameters act as pro-catch-up factors or slow down the process. The identification of stationary-state conditions of the model helps us to interpret the simulations, and highlights crucial interactions between technology-supporting institutions and market demand at the basis of industrial catch-up. Finally, the robustness analysis reveals further interdependencies among innovation, scientist mobility, and demand
Materia: Empresas-Gestión
Industrial management
URI : http://hdl.handle.net/10259/3840
Versión del editor: http://icc.oxfordjournals.org/content/21/2.toc
Aparece en las colecciones: Artículos Organización de Empresas

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