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Industrial leadership in science-based Industries : a co-evolution model

[journal article]

Fatas-Villafranca, Francisco; Jarne, Gloria; Sanchez-Choliz, Julio

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Please use the following Persistent Identifier (PID) to cite this document:http://nbn-resolving.de/urn:nbn:de:0168-ssoar-293837

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Abstract In this paper, we seek to analyse the role of national university systems in combination with technological and market factors as sources of industrial leadership and industry growth in sciencebased industries. We propose a model in which national university systems and their respective national firms and industries are considered as co-evolving. National firms compete on a worldwide level and they rely on the progress of science and the availability of scientists to innovate. As the global industry develops, firms try to mold their national university systems, but they achieve different degrees of success. Apart from highlighting the role of institutional responsiveness as a source of competitive advantage, our model points to the access to essential inputs for production, the technological and strategic characteristics of firms, the international diffusion of knowledge, and the initial distribution of market demand as key sources of leadership and industry growth. The international mobility of scientists seems to foster the emergence of industrial leadership shifts.
Keywords innovation; diffusion
Classification Macroanalysis of the Education System, Economics of Education, Educational Policy; University Education
Free Keywords Industrial leadership; Institutions; Evolutionary economics
Document language English
Publication Year 2009
Page/Pages p. 390-407
Journal Journal of Economic Behavior & Organization, 72 (2009) 1
DOI http://dx.doi.org/10.1016/j.jebo.2009.05.006
Status Postprint; peer reviewed
Licence PEER Licence Agreement (applicable only to documents from PEER project)