Jump to ContentJump to Main Navigation
Understanding Industrial and Corporate Change$
Users without a subscription are not able to see the full content.

Giovanni Dosi, David J. Teece, and Josef Chytry

Print publication date: 2004

Print ISBN-13: 9780199269426

Published to Oxford Scholarship Online: September 2007

DOI: 10.1093/acprof:oso/9780199269426.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2019. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 22 October 2019

Technologies, Products and Organization in the Innovating Firm: What Adam Smith Tells Us and Joseph Schumpeter Doesn't

Technologies, Products and Organization in the Innovating Firm: What Adam Smith Tells Us and Joseph Schumpeter Doesn't

Chapter:
(p.267) Technologies, Products and Organization in the Innovating Firm: What Adam Smith Tells Us and Joseph Schumpeter Doesn't
Source:
Understanding Industrial and Corporate Change
Author(s):

Keith Pavitt

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199269426.003.0009

This chapter gives renewed attention to Adam Smith's insights into knowledge production as crucially important for understanding the contemporary problems of managing innovating firms. Products and firms are based on an increasing range of fields of specialized technological understanding. Competition is not based on technological diversity, but on diversity and experimentation in products. Firms rarely fail because of an inability to master a new field of technology, but because they do not succeed in matching the firm's systems of coordination and control to the nature of the available technological opportunities.

Keywords:   evolutionary theory, firm innovation, knowledge production, product diversity, technological opportunity

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .