Template-type: ReDIF-Paper 1.0
Author-Name: Antonelli, Cristiano 
Author-Email: cristiano.antonelli@unito.it
Author-Workplace-Name: University of Turin
Author-Workplace-Homepage: http://www.est.unito.it/
Title: Localized Product Innovation. The Role of Proximity in the Lancastrian Product Space.
Abstract:The introduction of technological innovations is induced by changes in product and factor markets to which 
firms cannot adjust by means of changes in a given technical space, because of limited information, localized knowledge and 
irreversibility of tangible and intangible production factors. Firms can counteract the decline in their performance
and the increase in actual costs by changing their technologies, with the introduction of process and product innovations 
Proximity in the Lancastrian product space matters when relevant knowledge is acquired and localized by learning by doing 
current products, learning by using the techniques in place and learning by interacting with current customers and rivals. 
The rate of technological change and the mix between product and process innovations are endogenous and localized by the key 
role of irreversibility and by the competence accumulated by means of learning processes.
Length: 31 pages
Creation-Date: 2003-10
File-URL: http://www.est.unito.it/do/home.pl/Download?doc=/allegati_wp/wp2003dip_l_b/4_wp_momigliano.pdf
File-Format: Application/PDF
Handle: RePEc:uto:labeco:200304