The Economics of Innovation, New Technologies and Structural Change

By Cristiano Antonelli

© 2007 – Routledge

208 pages

Purchasing Options:
Paperback: 9780415406437
pub: 2006-04-06
US Dollars$54.95
Hardback: 9780415296540
pub: 2002-12-05
US Dollars$200.00

About the Book

The ongoing process of revising and rethinking the foundations of economic theory leads to great complexities and contradictions at the heart of economics. ‘Economics of innovation’ provides a fertile challenge to standard economics, and one that can help it overcome its many criticisms.

This authoritative book from Cristiano Antonelli provides a systematic account of recent advances in the economics of innovation. By integrating this account with the economics of technological change, this exceptional book elaborates an understanding of the effects of the introduction of new technologies.

This excellent, comprehensive account from respected expert Antonelli will be much appreciated within the innovation economics community, yet it is also a book that should be read by all those with either a private or professional interest in economic theory.


'Overall, the book should be recommended to any scholar's bookshelf where technological and structural change are of interest. For the many who believe in such an interdependence, this work is obligatory reading and a highly valuable teaching and reference aid.' - Research Policy

Table of Contents

1. Introduction

Part 1: The Building Blocks

2. Shifting Heuristics in the Economics of Innovation

3. The Retrieval of the Economics of Technical Change

Part 2: Innovation and Structural Change

4. Composition Effects: The Direction of Technological Change and its Context of Introduction

5. New Technologies and Structural Change: Constraints and Inducements to Innovation

6. Industrial Dynamics and Technological Change

7. The Dynamics of Factors Markets and Technological Change

8. Production Innovation and Barriers to Entry

9. Relative Prices and International Competition in the Global Economy

10. Feed-backs Path Dependence and Evolution

Part 3: Application and Implications

11. Understanding the Economics of New Information and Communication Technology in the Global Economy

12. Policy Implications: An European Perspective

13. Conclusions

About the Series

Routledge Studies in Global Competition

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Subject Categories

BISAC Subject Codes/Headings:
BUSINESS & ECONOMICS / Economics / Theory
POLITICAL SCIENCE / Economic Conditions