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Devendra Sahal; Foreword By Richard R. Nelson. Includes Bibliographical References And Index.
This work investigates the underlying mechanisms and recurring structures that govern the evolution of technological change across various industrial sectors. Devendra Sahal, drawing on extensive economic research and historical data, argues that technological innovation is not a random occurrence but follows identifiable patterns rooted in the cumulative nature of technical knowledge. The text provides a rigorous framework for understanding how incremental improvements and radical shifts interact within complex economic systems.
What You Will Find
Experts in the field of evolutionary economics frequently cite this work as a foundational text for understanding the path-dependent nature of innovation. Readers often note the academic density of the prose, which requires a strong background in economic theory to fully grasp the author's arguments.
Page Count:
381
Publication Date:
1981-01-01
Publisher:
Addison-Wesley
ISBN-10:
0201066300
ISBN-13:
9780201066302
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