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Technical Progress and the Diffusion of Innovations: Classical and Schumpeterian Perspectives1

Technical Progress and the Diffusion of Innovations: Classical and Schumpeterian Perspectives1
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摘要 The paper discusses the diffusion of new technologies from the perspective of the classical economists and Schumpeter. After a comparison of the pre- and post-technical change long-period positions of the economy, we illustrate the process of transition between the two in terms of a two-sector model Next, we turn to a system with joint production. The fact that some products may be "bads" that need to be disposed of leads to a study of systems of production-cure-disposal. Finally, we investigate the selection pressure innovations exert on incumbent firms. An important message is that technical change cannot generally be studied within a partial framework of the analysis. The paper discusses the diffusion of new technologies from the perspective of the classical economists and Schumpeter. After a comparison of the pre- and post-technical change long-period positions of the economy, we illustrate the process of transition between the two in terms of a two-sector model Next, we turn to a system with joint production. The fact that some products may be "bads" that need to be disposed of leads to a study of systems of production-cure-disposal. Finally, we investigate the selection pressure innovations exert on incumbent firms. An important message is that technical change cannot generally be studied within a partial framework of the analysis.
作者 Heinz D. Kurz
出处 《Frontiers of Economics in China-Selected Publications from Chinese Universities》 2017年第3期418-449,共32页 中国高等学校学术文摘·经济学(英文版)
关键词 classical economists creative destruction DIFFUSION disposalprocesses INNOVATION joint production SCHUMPETER Joseph A. selectionpressure technical change transition processes classical economists, creative destruction, diffusion, disposalprocesses, innovation, joint production, Schumpeter, Joseph A., selectionpressure, technical change, transition processes
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