Failure of leading firms to respond to disruptive technological changes has been explained in terms of their ‘choices’. I investigate the disruptive technological changes in the global industrial robotics industry and suggest that ‘ability’ of the firms play an important role in determining their survival chances. This paper suggests that what may be disruptive (or a sustaining) change may also...

This paper provides an overview of the treatment of technological change in economic models of environmental policy. Numerous economic modeling studies have confirmed the sensitivity of midand long-run climate change mitigation cost and benefit projections to assumptions about technology costs. In general, technical progress is considered to be a noneconomic, exogenous variable in global climat...

Inflows of foreign direct investment generate externalities that spill over to domestic firms and raise their productivity. This article examines the extent of spillover effects of foreign direct investment for firms in the highly disaggregated garment (ISIC 3221) and electronics industries (ISIC 3832) in Indonesia. Both are export-intensive industries, but differ greatly in technological sophi...

This paper presents a model which captures the technological spillovers created by foreign direct investment in Transition Economies. Skill-biased technological change is linked with endogenous labor supply which allows for unemployment. The technological spillover is divided into a neutral technological change and a skill-biased technological change. The first effect makes labor and capital mo...

The allocation of innovation-related elements is influenced by intangible such as technological information, which affects knowledge capital, human and material element investment, resulting in the stochastic change innovation efficiency. endogenous information investment reduces friction, lowers costs, improves efficiency, gradually deviation between capital In terms small characterized low de...

Telecentre effectiveness is highly related with involvement of people in the community and has been measured by the socio-economic benefit gained from the telecentre. One of the important aspects that are often overlooked in the assessment of telecentre effectiveness is the technological change. It is referred to as the overall process of continuous invention, innovation and diffusion of techno...

Firms often lose their competitive advantage when a technological change renders their existing capabilities obsolete. An important question that has received little or no attention is, what happens to these firms’ competitive advantage when the technological change instead renders obsolete the capabilities of their co-opetitors—the suppliers, customers, and complementors whose very success may...