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Comment on 'Technological Revolutions and the Evolution of Industrial Structures' (by Giovanni Dosi, Alfonso Gambardella, Marco Grazzi, and Luigi Orsenigo)
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October 24, 2008
The recent article in Capitalism and Society by Dosi et al., as well as the accompanying discussion by William Lazonick, misunderstand and mischaracterize the argument of my 2003 paper "The Vanishing Hand." More importantly, some of the central claims these articles make about the organization of the so-called New Economy do not withstand careful scrutiny.
Published Online: 2008-10-24
©2011 Walter de Gruyter GmbH & Co. KG, Berlin/Boston
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- Reader Response
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Articles in the same Issue
- Article
- Economic Forecasting in a Changing World
- Household Debt in the Consumer Age: Source of Growth--Risk of Collapse
- The Historical Origins of 'Open Science': An Essay on Patronage, Reputation and Common Agency Contracting in the Scientific Revolution
- Discussion and Commentary
- Comment on "Economic Forecasting in a Changing World" (by Michael Clements and David Hendry)
- Comment on "Household Debt in the Consumer Age: Source of Growth--Risk of Collapse" (by Barry Z. Cynamon and Steven M. Fazzari)
- Comment on "The Historical Origins of 'Open Science'" (by Paul David)
- Reader Response
- Comment on 'Technological Revolutions and the Evolution of Industrial Structures' (by Giovanni Dosi, Alfonso Gambardella, Marco Grazzi, and Luigi Orsenigo)
