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    <meta content="Robertson, Paul L." name="eprints.creators_name" />
<meta content="Pol, Eduardo" name="eprints.creators_name" />
<meta content="Carroll, Peter" name="eprints.creators_name" />
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<meta content="Although scholars and policy makers have widely acknowledged the importance of so-called high-technology industries as drivers of economic change, they have paid insufficient attention to the interaction between high-tech sectors and the remainder of the economy in developed countries. We contend that any constructive view of economic change must recognize the importance of the diffusion of innovative products and processes to the economy as a whole through the role that firms in established sectors play as customers and suppliers for high-tech firms. It is important to insure that the &quot;Receptive Capacity&quot; that these firms bring to innovative situations is as high as possible. To demonstrate our point, we first use &quot;old&quot; growth theory to develop a model of economic change and then show how this model ties in with &quot;new&quot; growth theory by providing a convincing justification for investment in R&amp;D and other innovative activities." name="eprints.abstract" />
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    * 4. Cohen, W.M. and Levinthal, D.A. 1990: Absorptive capacity: a new perspective on learning and innovation, Administrative Science Quarterly, 35: 128-152.
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    <h1 class="ep_tm_pagetitle">Receptive capacity of established industries as a limiting factor in the economy's rate of innovation</h1>
    <p style="margin-bottom: 1em" class="not_ep_block"><span class="person_name">Robertson, Paul L.</span> and <span class="person_name">Pol, Eduardo</span> and <span class="person_name">Carroll, Peter</span> (2003) <xhtml:em>Receptive capacity of established industries as a limiting factor in the economy's rate of innovation.</xhtml:em> Industry &amp; Innovation, 10 (4). pp. 457-474.</p><p style="margin-bottom: 1em" class="not_ep_block"></p><table style="margin-bottom: 1em" class="not_ep_block"><tr><td valign="top" style="text-align:center"><a href="http://eprints.utas.edu.au/1440/1/PR10.pdf"><img alt="[img]" src="http://eprints.utas.edu.au/style/images/fileicons/application_pdf.png" class="ep_doc_icon" border="0" /></a></td><td valign="top"><a href="http://eprints.utas.edu.au/1440/1/PR10.pdf"><span class="ep_document_citation">PDF</span></a> - Full text restricted - Requires a PDF viewer<br />306Kb</td></tr></table><p style="margin-bottom: 1em" class="not_ep_block">Official URL: <a href="http://dx.doi.org/10.1080/1366271032000163685">http://dx.doi.org/10.1080/1366271032000163685</a></p><div class="not_ep_block"><h2>Abstract</h2><p style="padding-bottom: 16px; text-align: left; margin: 1em auto 0em auto">Although scholars and policy makers have widely acknowledged the importance of so-called high-technology industries as drivers of economic change, they have paid insufficient attention to the interaction between high-tech sectors and the remainder of the economy in developed countries. We contend that any constructive view of economic change must recognize the importance of the diffusion of innovative products and processes to the economy as a whole through the role that firms in established sectors play as customers and suppliers for high-tech firms. It is important to insure that the "Receptive Capacity" that these firms bring to innovative situations is as high as possible. To demonstrate our point, we first use "old" growth theory to develop a model of economic change and then show how this model ties in with "new" growth theory by providing a convincing justification for investment in R&amp;D and other innovative activities.</p></div><table style="margin-bottom: 1em" cellpadding="3" class="not_ep_block" border="0"><tr><th valign="top" class="ep_row">Item Type:</th><td valign="top" class="ep_row">Article</td></tr><tr><th valign="top" class="ep_row">Additional Information:</th><td valign="top" class="ep_row">Definitive version is available online at http://www.informaworld.com/smpp/content?content=10.1080/1366271032000163685</td></tr><tr><th valign="top" class="ep_row">Keywords:</th><td valign="top" class="ep_row">High-tech sectors; economic change; innovation; receptive capacity; R&amp;D</td></tr><tr><th valign="top" class="ep_row">Subjects:</th><td valign="top" class="ep_row"><a href="http://eprints.utas.edu.au/view/subjects/350200.html">350000 Commerce, Management, Tourism and Services &gt; 350200 Business and Management</a><br /><a href="http://eprints.utas.edu.au/view/subjects/350211.html">350000 Commerce, Management, Tourism and Services &gt; 350200 Business and Management &gt; 350211 Innovation and Technology Management</a><br /><a href="http://eprints.utas.edu.au/view/subjects/340200.html">340000 Economics &gt; 340200 Applied Economics</a></td></tr><tr><th valign="top" class="ep_row">ID Code:</th><td valign="top" class="ep_row">1440</td></tr><tr><th valign="top" class="ep_row">Deposited By:</th><td valign="top" class="ep_row"><span class="ep_name_citation"><span class="person_name">Ms Sophie Jerrim</span></span></td></tr><tr><th valign="top" class="ep_row">Deposited On:</th><td valign="top" class="ep_row">26 Jul 2007</td></tr><tr><th valign="top" class="ep_row">Last Modified:</th><td valign="top" class="ep_row">09 Jan 2008 02:30</td></tr><tr><th valign="top" class="ep_row">ePrint Statistics:</th><td valign="top" class="ep_row"><a target="ePrintStats" href="/es/index.php?action=show_detail_eprint;id=1440;">View statistics for this ePrint</a></td></tr></table><p align="right">Repository Staff Only: <a href="http://eprints.utas.edu.au/cgi/users/home?screen=EPrint::View&amp;eprintid=1440">item control page</a></p>
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