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Firm Competitiveness, Growth and Digitalisation—A Special Review on Network Economics
STRATEC, Munich Germany
- 1 STRATEC, Munich Germany
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Abstract
From a perspective of network economics , we look into the dynamics of competition, innovation and growth. This view relates theories, models and policy implications in a framework to approach the impacts of innovation and market dynamics on scale and scope of network industries, therefore, to foster breadth and depth of economic growth. Innovation has a major network inducing effect, so has competition. Competition always carries dynamic features and is intrinsically linked to interactive models in games of strategy. A review focuses on both the interaction of competition and innovation and sets out to outline the empirical tasks ahead through industry cases and econometric coverage within modern traditions of Schumpeterian economics.
KeywordsInnovationCompetitionNetwork IndustryDynamic MarketsSchumpeterian Economics
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