Technical progress, firm growth and industrial dynamics: a proposal to integrate Steindl's analysis with the neo-Schumpeterian microeconomics

Abstract

The purpose of this work is to propose a conceptual framework that fulfills the function of articulating the processes of firm growth and the evolution of industrial structures, against the backdrop of endogenous technical progress. This objective will be pursued through the inspiration of Steindl's analysis with the incorporation of some analytical components of the neo-Schumpeterian microeconomics, namely: (i) the characterization of the company as an entity that operates based on operational routines and develops capabilities, and (ii) the determinants of decisions to innovate based on technological evolution regularities.