Meno di un minuto

Standardization is a key element in technological progress, representing the clustered adoption of bundles of inventions. Justus Baron and Julia Schmidt develop a new measure of standardization, which can be interpreted as a proxy for technological change. On Thursday, November 29, 2012, Julia Smith, Graduate Institute (IHEID) Geneva, and one of the 2012 FEEM Award winners will present the main findings of their study on "Technological Standardization, Endogenous Productivity and Transitory Dynamics".

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