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Abstract

The intention of this work is to explain a few details concerning the technology and organization from the perspective of innovation economics. Concepts of trajectories, paradigms and long waves points to the need for organizations to increasingly be able to “mobilize knowledge and technological skills and expertience.” For evolutionary economics biological metaphors provide a key source of understanding and explanation of innovative activity, its relationship to economic progress and the role of the organization as a source of innovation. Take together these criticisms can be applied to the way in which evolutionary models have become increasingly concerned with organizational learning.

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