Innovation-diffusion, the economy and contemporary challenges: a comment

Jan Fagerberg*, Bart Verspagen

*Corresponding author for this work

Research output: Contribution to journalEditorialAcademicpeer-review


According to Christopher Freeman technological revolutions play a key role in capitalist development. In this article, we ask to what extent more recent developments are consistent with the perspective advanced by Freeman. We focus on two issues in particular, the climate challenge and what has been dubbed "A Fourth Industrial Revolution" that is, advances in artificial intelligence and the proliferation of the internet of things.

Original languageEnglish
Pages (from-to)1067-1073
Number of pages7
JournalIndustrial and Corporate Change
Issue number4
Publication statusPublished - Aug 2020

JEL classifications

  • o33 - "Technological Change: Choices and Consequences; Diffusion Processes"
  • o43 - Institutions and Growth
  • o44 - Environment and Growth

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