Innovation, competition and sectoral evolution: an introduction to the special section on Industrial Dynamics

摘要

This paper is the introduction to the ICC special section on Industrial Dynamics. Industrial dynamics has a venerable heritage in economics and after a long dormant period, it has witnessed a major resurgence beginning in the early 1980s. The current Special Section takes stock of the progress along this new and rich intellectual journey. This Introduction does not aim to present a review of the accomplishments reached in the last period. Rather, it reflects on the broad themes characterizing our progress in understanding industry evolution and industrial dynamics.