2024-03-29T11:44:34Zhttps://riubu.ubu.es/oai/requestoai:riubu.ubu.es:10259/38402021-11-10T09:38:22Zcom_10259_3830com_10259_5086com_10259_2604col_10259_3832
Almudi, Isabel
Fatas-Villafranca, Francisco
Izquierdo Millán, Luis Rodrigo
2015-09-10T10:11:10Z
2015-09-10T10:11:10Z
2012-04
0960-6491
http://hdl.handle.net/10259/3840
10.1093/icc/dtr041
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
Ministerio de Ciencia e Innovación (project ECO2010-14929)
This is a pre-copyedited, author-produced PDF of an article accepted for publication in Industrial and Corporate Change following peer review. The version of record Isabel Almudi, Francisco Fatas-Villafranca, and Luis R. Izquierdo
Innovation, catch-up, and leadership in science-based industries
Ind Corp Change (2012) 21 (2): 345-375 doi:10.1093/icc/dtr041, is available online at: http://icc.oxfordjournals.org/content/21/2.toc
application/pdf
eng
Oxford University Press
Industrial and Corporate Change, 2012, V. 21, n. 2, p. 345–375
http://icc.oxfordjournals.org/content/21/2.toc
info:eu-repo/grantAgreement/MICINN/ECO2010-14929
Empresas-Gestión
Industrial management
Innovation, catch-up, and leadership in science-based industries
info:eu-repo/semantics/article
info:eu-repo/semantics/openAccess