<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"> <html> <head> <title>UTas ePrints - Receptive capacity of established industries as a limiting factor in the economy's rate of innovation</title> <script type="text/javascript" src="http://eprints.utas.edu.au/javascript/auto.js"><!-- padder --></script> <style type="text/css" media="screen">@import url(http://eprints.utas.edu.au/style/auto.css);</style> <style type="text/css" media="print">@import url(http://eprints.utas.edu.au/style/print.css);</style> <link rel="icon" href="/images/eprints/favicon.ico" type="image/x-icon" /> <link rel="shortcut icon" href="/images/eprints/favicon.ico" type="image/x-icon" /> <link rel="Top" href="http://eprints.utas.edu.au/" /> <link rel="Search" href="http://eprints.utas.edu.au/cgi/search" /> <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" /> <meta content="Paul.Robertson@utas.edu.au" name="eprints.creators_id" /> <meta content="" name="eprints.creators_id" /> <meta content="" name="eprints.creators_id" /> <meta content="article" name="eprints.type" /> <meta content="2007-07-26" name="eprints.datestamp" /> <meta content="2008-01-08 15:30:00" name="eprints.lastmod" /> <meta content="show" name="eprints.metadata_visibility" /> <meta content="Receptive capacity of established industries as a limiting factor in the economy's rate of innovation" name="eprints.title" /> <meta content="pub" name="eprints.ispublished" /> <meta content="350200" name="eprints.subjects" /> <meta content="350211" name="eprints.subjects" /> <meta content="340200" name="eprints.subjects" /> <meta content="restricted" name="eprints.full_text_status" /> <meta content="High-tech sectors; economic change; innovation; receptive capacity; R&D" name="eprints.keywords" /> <meta content="Definitive version is available online at http://www.informaworld.com/smpp/content?content=10.1080/1366271032000163685" name="eprints.note" /> <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 "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&D and other innovative activities." name="eprints.abstract" /> <meta content="2003-12" name="eprints.date" /> <meta content="published" name="eprints.date_type" /> <meta content="Industry & Innovation" name="eprints.publication" /> <meta content="10" name="eprints.volume" /> <meta content="4" name="eprints.number" /> <meta content="457-474" name="eprints.pagerange" /> <meta content="10.1080/1366271032000163685" name="eprints.id_number" /> <meta content="UNSPECIFIED" name="eprints.thesis_type" /> <meta content="TRUE" name="eprints.refereed" /> <meta content="http://dx.doi.org/10.1080/1366271032000163685" name="eprints.official_url" /> <meta content=" * 1. Carlsson, B. and Eliasson, G. 2003: Industrial dynamics and endogenous growth, Industry and Innovation, this issue. * 2. Carroll, P, Pol, E. and Robertson, P.L. 2000: Classification of industries by level of technology: an appraisal with some implication, Prometheus, 18: 417-446. * 3. Cohen, W.M. and Levinthal, D.A. 1989: Innovation and learning: the two faces of R&D, Economic Journal, 99: 569-596. * 4. Cohen, W.M. and Levinthal, D.A. 1990: Absorptive capacity: a new perspective on learning and innovation, Administrative Science Quarterly, 35: 128-152. * 5. Dahrnen, E. 1970 [1950]: Entrepreneurial Activity and the Development of Swedish Industry, 1919-1939, Axel Leijonhufvud (trans.). Homewood, IL: Richard D. Irwin. * 6. Dahmen, E. 1989: "Development blocks" in industrial economics, in B. Carlsson (ed.), Industrial Dynamics: Technological, Organizational, and Structural Changes in Industries and Firms. Boston and Dordrecht: Kluwer. * 7. David, P.A. 1991: Computer and dynamo: the modern productivity paradox in a not-toodistant mirror, in OECD, Technology and Productivity: The Challenge for Economic Policy. Paris: OECD. * 8. Grossman, G.M. and Helpman, E. 1991: Trade, knowledge spillovers and growth, European Economic Review, 35: 517-526. * 9. Hatzichronoglou, T. 1997: Revision of the high-technology sector and product classification, STI Working Papers, OECD/GD (97)216. * 10. Heertje, A. 1988: Schumpeter and technical change, in H. Hanusch (ed.), Evolutionary Economics: Applications of Schumpeler's Ideas. Cambridge: Cambridge University Press. * 11. Higgins, B. 1968: Economic Development: Principles, Problems, and Policies, rev. edn. New York: W.W. Norton. * 12. Hirschman, A.O. 1958: The Strategy of Economic Development. New Haven, CT: Yale University Press. * 13. Keller, W. 1996: Absorptive capacity: on the creation and acquisition of technology in development, Journal of Development Economics, 49: 199-227. * 14. Keynes, J.M. 1973 [1936]: The General Theory of Employment, Interest and Money. London: Macmillan. * 15. Kindleberger, C.P. 1967: Europe's Postwar Growth: The Role of Labor Supply. Cambridge, MA: Harvard University Press. * 16. Kirzner, I.M. 1973: Competition and Entrepreneurship. Chicago: University of Chicago Press. * 17. Kirzner, I.M. 1979: Perception, Opportunity and Profit. Chicago: University of Chicago Press. * 18. Kline, S.J. 1985a: Innovation is not a linear process, Research Management, 28(2): 35-45. * 19. Kline, S.J. 1985b: What is technology?, Bulletin of Science, Technology, and Society, 5: 215-218. * 20. Krugman, P. 1993: Toward a counter-counterrevolution in development theory, in Proceedings of the World Bank Annual Conference on Development Economics 1992. Washington, DC: International Bank for Reconstruction and Development. * 21. Kuznets, Simon 1966: Modern Economic Growth: Rate, Structure, and Spread. New Haven, CT: Yale University Press. * 22. Langlois, R.N. 1999: Scale, scope and the reuse of knowledge, in S.C. Dow and PE. Earl (eds.), Economic Organization and Economic Knowledge: Essays in Honour of Brian J. Loasby, Vol. 1, pp. 239-254. Cheltenham: Edward Elgar. * 23. Langlois, R.N. 2001: Knowledge, consumption and endogenous growth, Journal of Evolutionary Economics, 11(1): 77-93. * 24. Langlois, R.N. and Cosgel, M. 1998: The organization of consumption, in M. Blanchi (ed.), The Active Consumer, pp. 107-121. London: Routledge. * 25. Langlois, R.N. and Robertson, P.L. 1995: Firms, Markets and Economic Change: A Dynamic Theory of Business Institutions. London: Routledge. * 26. Langlois, R.N. and Robertson, P.L. 1996: Stop crying over spilt knowledge: a critical look at the theory of spillovers and technical change. Paper presented at the MERIT Conference on Innovation, Evolution and Technology, Maastricht, the Netherlands, 25-27 August. * 27. Lewis, WA. 1954: Economic development with unlimited supplies of labour, Manchester School, 22: 139-191. * 28. Myint, H. 1985: Organizational dualism and economic development, Asian Development Review, 3: 24-42. * 29. Nordhaus, W.D. 2001: Productivity growth and the new economy, National Bureau of Economic Research Working Paper 8096, http://www.nber.org/papers/w8096 * 30. Nurkse, R. 1953: Problems of Capital Formation in Underdeveloped Countries. Oxford: Blackwell. * 31. O'Driscoll, G. and Rizzo, M. 1985: The Economics of Time and Ignorance. Oxford: Blackwell. * 32. OECD 1999: OECD Science, Technology and Industry Scoreboard 1999: Benchmarking Knowledge-based Economies. Paris: OECD. * 33. Pol, E., Carroll, P and Robertson, P.L. 2002: A new typology for economic sectors with a view to policy implications, Economics of Innovation and New Technology, 11: 61-76. * 34. Robertson, P.L. 1998: Information, similar and complementary assets, and innovation policy, in N.J. Foss and B.J. Loasby (eds.), Economic Organization, Capabilities and Coordination: Essays in Honour of G. B. Richardson. London: Routledge. * 35. Robertson, P.L. and Langlois, R.N. 1994: Institutions, inertia and changing industrial leadership, Industrial and Corporate Change, 3(2): 359-378. * 36. Rogers, E.M. 1995: Diffusion of Innovations, 4th edn. New York: Free Press. * 37. Romer, P.M. 1986: Increasing returns and long-run growth, Journal of Political Economy, 94: 1002-1037. * 38. Romer, P.M. 1990: Endogenous technological change, Journal of Political Economy, 98: S71-S102. * 39. Romer, PM. 1993a: 'Two strategies for economic development: using ideas and producing ideas, in Proceedings of the World Bank Annual Conference on Development Economics 1992. Washington, DC: International Bank for Reconstruction and Development. * 40. Romer, P.M. 1993b: Implementing a national technology strategy with self-organizing industry investment boards, Brookings Papers on Economic Activity, 345-399. * 41. Romer, P.M. 1994: The origins of endogenous growth, Journal of Economic Perspectives, 8: 3-22. * 42. Rosenstein-Rodan, P.N. 1943: Problems of industrialization of Eastern and South-eastern Europe, Economic Journal, 53: 205-211. * 43. Rostow, W.W. 1960a: The Process of Economic Growth, 2nd edn. Oxford: Oxford University Press. * 44. Rostow, W.W. 1960b: The Stages of Economic Growth: A Non-Communist Manifesto. Cambridge and New York: Cambridge University Press. * 45. Rostow, WW. 1963: Leading sectors and the take-off, in W.W. Rostow (ed.), The Economics of Take-off into Sustained Growth. London: Macmillan. * 46. Schumpeter, J.A. 1934: The Theory of Economic Development: An Inquiry into Profits, Capital, Credit, Interest, and the Business Cycle. Cambridge, MA: Harvard University Press. * 47. Schumpeter, J.A. 1939: Business Cycles, Vols I and II. New York: McGraw-Hill. * 48. Schumpeter, J.A. 1950: Capitalism, Socialism and Democracy. New York: Harper. * 49. Scitovsky, T 1954: 'Two concepts of external economies, Journal of Political Economy, 62: 143-151. * 50. Stiglitz, J.E. 1993: Comment on "Toward a counter-counterrevolution in development theory," by Krugman, in Proceedings of the World Bank Annual Conference on Development Economics 1992. Washington, DC: International Bank for Reconstruction and Development. * 51. Stinchcombe, A.L. 1990: Information and Organizations. Berkeley and Los Angeles: University of California Press. * 52. Yu, TE and Robertson, P.L. 1999: Austrian and evolutionary perspectives on consumer demand and firm strategy, in S.C. Dow and P.E. Earl (eds.), Economic Organisation and Economic Knowledge: Essays in Honour of Brian Loasby, Vol. 1. New York: Edward Elgar. " name="eprints.referencetext" /> <meta content="Robertson, Paul L. and Pol, Eduardo and Carroll, Peter (2003) Receptive capacity of established industries as a limiting factor in the economy's rate of innovation. Industry & Innovation, 10 (4). pp. 457-474." name="eprints.citation" /> <meta content="http://eprints.utas.edu.au/1440/1/PR10.pdf" name="eprints.document_url" /> <link rel="schema.DC" href="http://purl.org/DC/elements/1.0/" /> <meta content="Receptive capacity of established industries as a limiting factor in the economy's rate of innovation" name="DC.title" /> <meta content="Robertson, Paul L." name="DC.creator" /> <meta content="Pol, Eduardo" name="DC.creator" /> <meta content="Carroll, Peter" name="DC.creator" /> <meta content="350200 Business and Management" name="DC.subject" /> <meta content="350211 Innovation and Technology Management" name="DC.subject" /> <meta content="340200 Applied Economics" name="DC.subject" /> <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 "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&D and other innovative activities." name="DC.description" /> <meta content="2003-12" name="DC.date" /> <meta content="Article" name="DC.type" /> <meta content="PeerReviewed" name="DC.type" /> <meta content="application/pdf" name="DC.format" /> <meta content="http://eprints.utas.edu.au/1440/1/PR10.pdf" name="DC.identifier" /> <meta content="http://dx.doi.org/10.1080/1366271032000163685" name="DC.relation" /> <meta content="Robertson, Paul L. and Pol, Eduardo and Carroll, Peter (2003) Receptive capacity of established industries as a limiting factor in the economy's rate of innovation. Industry & Innovation, 10 (4). pp. 457-474." name="DC.identifier" /> <meta content="http://eprints.utas.edu.au/1440/" name="DC.relation" /> <link rel="alternate" href="http://eprints.utas.edu.au/cgi/export/1440/BibTeX/epprod-eprint-1440.bib" title="BibTeX" type="text/plain" /> <link rel="alternate" href="http://eprints.utas.edu.au/cgi/export/1440/ContextObject/epprod-eprint-1440.xml" title="OpenURL ContextObject" type="text/xml" /> <link rel="alternate" href="http://eprints.utas.edu.au/cgi/export/1440/ContextObject::Dissertation/epprod-eprint-1440.xml" title="OpenURL Dissertation" type="text/xml" /> <link rel="alternate" href="http://eprints.utas.edu.au/cgi/export/1440/ContextObject::Journal/epprod-eprint-1440.xml" title="OpenURL Journal" type="text/xml" /> <link rel="alternate" href="http://eprints.utas.edu.au/cgi/export/1440/DC/epprod-eprint-1440.txt" title="Dublin Core" type="text/plain" /> <link rel="alternate" href="http://eprints.utas.edu.au/cgi/export/1440/DIDL/epprod-eprint-1440.xml" title="DIDL" type="text/xml" /> <link rel="alternate" href="http://eprints.utas.edu.au/cgi/export/1440/EndNote/epprod-eprint-1440.enw" title="EndNote" type="text/plain" /> <link rel="alternate" href="http://eprints.utas.edu.au/cgi/export/1440/HTML/epprod-eprint-1440.html" title="HTML Citation" type="text/html; charset=utf-8" /> <link rel="alternate" href="http://eprints.utas.edu.au/cgi/export/1440/METS/epprod-eprint-1440.xml" title="METS" type="text/xml" /> <link rel="alternate" href="http://eprints.utas.edu.au/cgi/export/1440/MODS/epprod-eprint-1440.xml" title="MODS" type="text/xml" /> <link rel="alternate" href="http://eprints.utas.edu.au/cgi/export/1440/RIS/epprod-eprint-1440.ris" title="Reference Manager" type="text/plain" /> <link rel="alternate" href="http://eprints.utas.edu.au/cgi/export/1440/Refer/epprod-eprint-1440.refer" title="Refer" type="text/plain" /> <link rel="alternate" href="http://eprints.utas.edu.au/cgi/export/1440/Simple/epprod-eprint-1440text" title="Simple Metadata" type="text/plain" /> <link rel="alternate" href="http://eprints.utas.edu.au/cgi/export/1440/Text/epprod-eprint-1440.txt" title="ASCII Citation" type="text/plain; charset=utf-8" /> <link rel="alternate" href="http://eprints.utas.edu.au/cgi/export/1440/XML/epprod-eprint-1440.xml" title="EP3 XML" type="text/xml" /> </head> <body bgcolor="#ffffff" text="#000000" onLoad="loadRoutine(); MM_preloadImages('images/eprints/ePrints_banner_r5_c5_f2.gif','images/eprints/ePrints_banner_r5_c7_f2.gif','images/eprints/ePrints_banner_r5_c8_f2.gif','images/eprints/ePrints_banner_r5_c9_f2.gif','images/eprints/ePrints_banner_r5_c10_f2.gif','images/eprints/ePrints_banner_r5_c11_f2.gif','images/eprints/ePrints_banner_r6_c4_f2.gif')"> <div class="ep_noprint"><noscript><style type="text/css">@import url(http://eprints.utas.edu.au/style/nojs.css);</style></noscript></div> <table width="795" border="0" cellspacing="0" cellpadding="0"> <tr> <td><script language="JavaScript1.2">mmLoadMenus();</script> <table border="0" cellpadding="0" cellspacing="0" width="795"> <!-- fwtable fwsrc="eprints_banner_final2.png" fwbase="ePrints_banner.gif" fwstyle="Dreamweaver" fwdocid = "1249563342" fwnested="0" --> <tr> <td><img src="/images/eprints/spacer.gif" width="32" height="1" border="0" alt="" /></td> <td><img src="/images/eprints/spacer.gif" width="104" height="1" border="0" alt="" /></td> <td><img src="/images/eprints/spacer.gif" width="44" height="1" border="0" alt="" /></td> <td><img src="/images/eprints/spacer.gif" width="105" height="1" border="0" alt="" /></td> <td><img src="/images/eprints/spacer.gif" width="41" height="1" border="0" alt="" /></td> <td><img src="/images/eprints/spacer.gif" width="16" height="1" border="0" alt="" /></td> <td><img src="/images/eprints/spacer.gif" width="68" height="1" border="0" alt="" /></td> <td><img src="/images/eprints/spacer.gif" width="68" height="1" border="0" alt="" /></td> <td><img src="/images/eprints/spacer.gif" width="68" height="1" border="0" alt="" /></td> <td><img src="/images/eprints/spacer.gif" width="82" height="1" border="0" alt="" /></td> <td><img src="/images/eprints/spacer.gif" width="69" height="1" border="0" alt="" /></td> <td><img src="/images/eprints/spacer.gif" width="98" height="1" border="0" alt="" /></td> <td><img src="/images/eprints/spacer.gif" width="1" height="1" border="0" alt="" /></td> </tr> <tr> <td colspan="12"><img name="ePrints_banner_r1_c1" src="/images/eprints/ePrints_banner_r1_c1.gif" width="795" height="10" border="0" alt="" /></td> <td><img src="/images/eprints/spacer.gif" width="1" height="10" border="0" alt="" /></td> </tr> <tr> <td rowspan="6"><img name="ePrints_banner_r2_c1" src="/images/eprints/ePrints_banner_r2_c1.gif" width="32" height="118" border="0" alt="" /></td> <td rowspan="5"><a href="http://www.utas.edu.au/"><img name="ePrints_banner_r2_c2" src="/images/eprints/ePrints_banner_r2_c2.gif" width="104" height="103" border="0" alt="" /></a></td> <td colspan="10"><img name="ePrints_banner_r2_c3" src="/images/eprints/ePrints_banner_r2_c3.gif" width="659" height="41" border="0" alt="" /></td> <td><img src="/images/eprints/spacer.gif" width="1" height="41" border="0" alt="" /></td> </tr> <tr> <td colspan="3"><a href="http://eprints.utas.edu.au/"><img name="ePrints_banner_r3_c3" src="/images/eprints/ePrints_banner_r3_c3.gif" width="190" height="31" border="0" alt="" /></a></td> <td rowspan="2" colspan="7"><img name="ePrints_banner_r3_c6" src="/images/eprints/ePrints_banner_r3_c6.gif" width="469" height="37" border="0" alt="" /></td> <td><img src="/images/eprints/spacer.gif" width="1" height="31" border="0" alt="" /></td> </tr> <tr> <td colspan="3"><img name="ePrints_banner_r4_c3" src="/images/eprints/ePrints_banner_r4_c3.gif" width="190" height="6" border="0" alt="" /></td> <td><img src="/images/eprints/spacer.gif" width="1" height="6" border="0" alt="" /></td> </tr> <tr> <td colspan="2"><img name="ePrints_banner_r5_c3" src="/images/eprints/ePrints_banner_r5_c3.gif" width="149" height="1" border="0" alt="" /></td> <td rowspan="2" colspan="2"><a href="/information.html" onMouseOut="MM_swapImgRestore();MM_startTimeout()" onMouseOver="MM_showMenu(window.mm_menu_0821132634_0,0,25,null,'ePrints_banner_r5_c5');MM_swapImage('ePrints_banner_r5_c5','','/images/eprints/ePrints_banner_r5_c5_f2.gif',1);"><img name="ePrints_banner_r5_c5" src="/images/eprints/ePrints_banner_r5_c5.gif" width="57" height="25" border="0" alt="About" /></a></td> <td rowspan="2"><a href="/view/" onMouseOut="MM_swapImgRestore();MM_startTimeout()" onMouseOver="MM_showMenu(window.mm_menu_0821133021_1,0,25,null,'ePrints_banner_r5_c7');MM_swapImage('ePrints_banner_r5_c7','','/images/eprints/ePrints_banner_r5_c7_f2.gif',1);"><img name="ePrints_banner_r5_c7" src="/images/eprints/ePrints_banner_r5_c7.gif" width="68" height="25" border="0" alt="Browse" /></a></td> <td rowspan="2"><a href="/perl/search/simple" onMouseOut="MM_swapImgRestore();MM_startTimeout()" onMouseOver="MM_showMenu(window.mm_menu_0821133201_2,0,25,null,'ePrints_banner_r5_c8');MM_swapImage('ePrints_banner_r5_c8','','/images/eprints/ePrints_banner_r5_c8_f2.gif',1);"><img name="ePrints_banner_r5_c8" src="/images/eprints/ePrints_banner_r5_c8.gif" width="68" height="25" border="0" alt="Search" /></a></td> <td rowspan="2"><a href="/perl/register" onMouseOut="MM_swapImgRestore();MM_startTimeout();" onMouseOver="MM_showMenu(window.mm_menu_1018171924_3,0,25,null,'ePrints_banner_r5_c9');MM_swapImage('ePrints_banner_r5_c9','','/images/eprints/ePrints_banner_r5_c9_f2.gif',1);"><img name="ePrints_banner_r5_c9" src="/images/eprints/ePrints_banner_r5_c9.gif" width="68" height="25" border="0" alt="register" /></a></td> <td rowspan="2"><a href="/perl/users/home" onMouseOut="MM_swapImgRestore();MM_startTimeout()" onMouseOver="MM_showMenu(window.mm_menu_0821133422_4,0,25,null,'ePrints_banner_r5_c10');MM_swapImage('ePrints_banner_r5_c10','','/images/eprints/ePrints_banner_r5_c10_f2.gif',1);"><img name="ePrints_banner_r5_c10" src="/images/eprints/ePrints_banner_r5_c10.gif" width="82" height="25" border="0" alt="user area" /></a></td> <td rowspan="2"><a href="/help/" onMouseOut="MM_swapImgRestore();MM_startTimeout()" onMouseOver="MM_showMenu(window.mm_menu_0821133514_5,0,25,null,'ePrints_banner_r5_c11');MM_swapImage('ePrints_banner_r5_c11','','/images/eprints/ePrints_banner_r5_c11_f2.gif',1);"><img name="ePrints_banner_r5_c11" src="/images/eprints/ePrints_banner_r5_c11.gif" width="69" height="25" border="0" alt="Help" /></a></td> <td rowspan="3" colspan="4"><img name="ePrints_banner_r5_c12" src="/images/eprints/ePrints_banner_r5_c12.gif" width="98" height="40" border="0" alt="" /></td> <td><img src="/images/eprints/spacer.gif" width="1" height="1" border="0" alt="" /></td> </tr> <tr> <td rowspan="2"><img name="ePrints_banner_r6_c3" src="/images/eprints/ePrints_banner_r6_c3.gif" width="44" height="39" border="0" alt="ePrints home" /></td> <td><a href="/" onMouseOut="MM_swapImgRestore()" onMouseOver="MM_swapImage('ePrints_banner_r6_c4','','/images/eprints/ePrints_banner_r6_c4_f2.gif',1);"><img name="ePrints_banner_r6_c4" src="/images/eprints/ePrints_banner_r6_c4.gif" width="105" height="24" border="0" alt="ePrints home" /></a></td> <td><img src="/images/eprints/spacer.gif" width="1" height="24" border="0" alt="" /></td> </tr> <tr> <td><img name="ePrints_banner_r7_c2" src="/images/eprints/ePrints_banner_r7_c2.gif" width="104" height="15" border="0" alt="" /></td> <td colspan="8"><img name="ePrints_banner_r7_c4" src="/images/eprints/ePrints_banner_r7_c4.gif" width="517" height="15" border="0" alt="" /></td> <td><img src="/images/eprints/spacer.gif" width="1" height="15" border="0" alt="" /></td> </tr> </table></td> </tr> <tr><td><table width="100%" style="font-size: 90%; border: solid 1px #ccc; padding: 3px"><tr> <td align="left"><a href="http://eprints.utas.edu.au/cgi/users/home">Login</a> | <a href="http://eprints.utas.edu.au/cgi/register">Create Account</a></td> <td align="right" style="white-space: nowrap"> <form method="get" accept-charset="utf-8" action="http://eprints.utas.edu.au/cgi/search" style="display:inline"> <input class="ep_tm_searchbarbox" size="20" type="text" name="q" /> <input class="ep_tm_searchbarbutton" value="Search" type="submit" name="_action_search" /> <input type="hidden" name="_order" value="bytitle" /> <input type="hidden" name="basic_srchtype" value="ALL" /> <input type="hidden" name="_satisfyall" value="ALL" /> </form> </td> </tr></table></td></tr> <tr> <td class="toplinks"><!-- InstanceBeginEditable name="content" --> <div align="center"> <table width="720" class="ep_tm_main"><tr><td align="left"> <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 & 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&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&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 > 350200 Business and Management</a><br /><a href="http://eprints.utas.edu.au/view/subjects/350211.html">350000 Commerce, Management, Tourism and Services > 350200 Business and Management > 350211 Innovation and Technology Management</a><br /><a href="http://eprints.utas.edu.au/view/subjects/340200.html">340000 Economics > 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&eprintid=1440">item control page</a></p> </td></tr></table> </div> <!-- InstanceEndEditable --></td> </tr> <tr> <td><!-- #BeginLibraryItem "/Library/footer_eprints.lbi" --> <table width="795" border="0" align="left" cellpadding="0" class="footer"> <tr valign="top"> <td colspan="2"><div align="center"><a href="http://www.utas.edu.au">UTAS home</a> | <a href="http://www.utas.edu.au/library/">Library home</a> | <a href="/">ePrints home</a> | <a href="/contact.html">contact</a> | <a href="/information.html">about</a> | <a href="/view/">browse</a> | <a href="/perl/search/simple">search</a> | <a href="/perl/register">register</a> | <a href="/perl/users/home">user area</a> | <a href="/help/">help</a></div><br /></td> </tr> <tr><td colspan="2"><p><img src="/images/eprints/footerline.gif" width="100%" height="4" /></p></td></tr> <tr valign="top"> <td width="68%" class="footer">Authorised by the University Librarian<br /> © University of Tasmania ABN 30 764 374 782<br /> <a href="http://www.utas.edu.au/cricos/">CRICOS Provider Code 00586B</a> | <a href="http://www.utas.edu.au/copyright/copyright_disclaimers.html">Copyright & Disclaimers</a> | <a href="http://www.utas.edu.au/accessibility/index.html">Accessibility</a> | <a href="http://eprints.utas.edu.au/feedback/">Site Feedback</a> </td> <td width="32%"><div align="right"> <p align="right" class="NoPrint"><a href="http://www.utas.edu.au/"><img src="http://www.utas.edu.au/shared/logos/unioftasstrip.gif" alt="University of Tasmania Home Page" width="260" height="16" border="0" align="right" /></a></p> <p align="right" class="NoPrint"><a href="http://www.utas.edu.au/"><br /> </a></p> </div></td> </tr> <tr valign="top"> <td><p> </p></td> <td><div align="right"><span class="NoPrint"><a href="http://www.eprints.org/software/"><img src="/images/eprintslogo.gif" alt="ePrints logo" width="77" height="29" border="0" align="bottom" /></a></span></div></td> </tr> </table> <!-- #EndLibraryItem --> <div align="center"></div></td> </tr> </table> </body> </html>