The process by which knowledge is created, accumulated and eventually destroyed appears crucial to many industrial dynamics patterns, since it shapes the profile of evolution of industries by favouring the entry of new companies, the co-existence of incumbents and new entrants and, eventually,...

Cet article présente les développements récents de la new business history sur l'un de ses thèmes privilégiés qui est l'évolution des frontières de la firme et de l'industrie. Les connexions avec l'économie industrielle, et surtout avec les analyses néo-institutionnelles, se sont...

The existence of costs to consumers to switch between products is central to the process by which firms set prices. Their effect on the introduction and diffusion of innovative technologies is not by now well understood, however. This paper aims to study this effect based on evidence in the...

L'article fournit une revue de la littérature qui explique, tout d'abord, comment les fondements analytiques de la gouvernance d'entreprise ont été traduits en critères opérationnels, puis comment la généralisation de l'utilisation de ces critères a progressivement donné lieu à leur...

L'analyse économique offre deux visions distinctes de la notion de concurrence, que l'on peut faire correspondre plus largement à deux écoles d'appréhension des phénomènes économiques. Dans l'analyse traditionnelle, tout d'abord, la concurrence est définie et étudiée comme un état du...

This chapter aims at studying the adjustment process implemented by competing firms. The process of competition between firms may lead to different positions. Competition may arrive at perfect coordination and the adjustment process exhibits a convergence to an equilibrium. Competition may also...

Seventy years ago, Ronald Coase, Nobel Prize in 1991, wrote a seminal paper “The nature of the firm”. This paper is now traditionally considered as the origins of the development of an economic theory of the firm. Before this article, the firm was assimilated to a ‘black box',...

The purpose of this paper is to stress these different visions of shakeout in industrial dynamics, to characterize the new developments that support these alternative visions, and to clarify the puzzles that these visions may present for industry life cycle analyses. The first section provides a...

Industrial dynamics is basically dedicated to the study of the drivers of the evolution of industries. In this sense, the analysis of the dynamics of the industry seeks to capture major variables driving the processes of entry/exit, innovation and growth, and to understand their evolution over...

The basic sub-text or conjecture of this paper is that an adequate economics of the firm should be historically relevant. The terms “adequate” and “relevant” imply, in the current context, that theoretical frameworks allow explanation of historical developments rather than a...