Microdynamics of Technological Change

This volume presents a comprehensive assessment of the economic effects of theemerging information and communication technologies associated with aknowledgebase... » 

This volume presents a comprehensive assessment of the economic effects of theemerging information and communication technologies associated with aknowledgebased economy and looks at how knowledge is increasingly treated asa product in its own right.An original framework is developed to comprehend these fundamental shiftsbased on three bodies of knowledge the economics of path dependence and of historical time as they areelaborated in the economics of new technologies economic topology based on the methodology of network analysis the new economics of knowledge and the concept of localized technologicalchangeThis book provides a unified analytical framework for the study of thetransition of advanced economic systems towards a knowledgebased economy. «