Competitiveness and Technical Change

Vol. 26 No. 2 (2006)

Apr-Jun / 2006
Published April 1, 2006
PDF-Portuguese (Português (Brasil))
PDF-Portuguese (Português (Brasil))

How to Cite

Souza, Sérgio Almeida de. 2006. “Competitiveness and Technical Change: Allowances and Limits of the Neo-Schumpeterian Models of Industrial Dynamics.”. Brazilian Journal of Political Economy 26 (2):290-316.

Competitiveness and Technical Change

Allowances and Limits of the Neo-Schumpeterian Models of Industrial Dynamics.

Sérgio Almeida de Souza
Doutorando em economia da Universidade de Nothingham
Brazilian Journal of Political Economy, Vol. 26 No. 2 (2006), Apr-Jun / 2006, Pages 290-316


 This paper makes a critical survey of some recent evolutionary economic literature dealing with industrial dynamics. Although the evolutionary models of industrial dynamics has explored the relationships among market structure and the innovation process within an analytical context that emphasize non-linearity, behavioral asymmetries and the existence of ive process in the competitive dynamics of markets, have been capable of offering compatible results with industrial organization stylized facts, a lot of limitations in technical change description pointed out have able to alter in a crucial way the results attained.

JEL Classification: B52; O31; L10.

Keywords: evolutionary approach industrial dynamics firm strategy