Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/98258 
Authors: 
Year of Publication: 
1999
Series/Report no.: 
Center Discussion Paper No. 811
Publisher: 
Yale University, Economic Growth Center, New Haven, CT
Abstract: 
Introducing the concept of innovation capital we will analyse conditions under which a national industry is able to succeed in international Schumpeterian competition. Then we will discuss the significance of this concept for the economic development of the German plastics industry from the 1930s to the 1970s. Using a repeated game model of technological cooperation we will especially focus on technological transfers from chemical firms to plastics fabricators. We will deploy both a microeconomic approach when viewing product innovations transferred by the so-called Kunststoffrohstoffabteilung (KURO) of chemical firm BASF, and a macroeconomic approach when looking at the development of total factor productivity in the German plastics fabricating industry. It will turn out that we can distinguish three subperiods with respect to technological cooperation in the German plastics industry: the beginning in the period of National Socialist dictatorship and post war reconstruction, the developing in the time of the West German economic miracle, and the ending in the decade of the two oil price shocks.
Subjects: 
Technological transfer
Schumpeterian competition
Repeated game
Plastics industry
Germany
JEL: 
D83
L65
N64
O31
Document Type: 
Working Paper

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