TITLE:
Firm Competitiveness, Growth and Digitalisation—A Special Review on Network Economics
AUTHORS:
Hans W. Gottinger
KEYWORDS:
Innovation, Competition, Network Industry, Dynamic Markets, Schumpeterian Economics
JOURNAL NAME:
iBusiness,
Vol.12 No.4,
December
31,
2020
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.