Contributors; 1. The economics of innovation; 2. Competing technologies, technological monopolies and the rate of convergence to a stable market structure; 3. Path dependence, localised technological change and the quest for dynamic effciency; 4. A history-friendly model of innovation, market structure and regulation in the age of random screening of the pharmaceutical industry; 5. Path dependence and diversification in corporate technological histories; 6. Is the world flat or round? Mapping changes in the taste for art.
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SUMMARY OR ABSTRACT
Text of Note
Includes a range of papers on simulation models of the evolution of market structure in the presence of innovation, through historical investigations of knowledge networks and empirical analysis of contemporary networks, to the analysis of the diffusion of innovations using simulation and analytic models and of the diffusion of knowledge.
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Title
New frontiers in the economics of innovation and new technology.