Innovation, markets and industrial change
Innovation, markets and industrial change

This free course is available to start right now. Review the full course description and key learning outcomes and create an account and enrol if you want a free statement of participation.

Free course

Innovation, markets and industrial change

4.3 Industrial dynamics: knowledge and network industries

This final subsection introduces two more concepts that develop further our analysis of the dynamics of industrial structure, with particular reference to the ‘new economy’ industries. A dynamic approach to industrial change places considerable emphasis on innovation and learning, seeing firms as actively searching out innovative products and processes and learning how to produce and sell them. Some of the novelty of the new economy is reflected in the concepts used in trying to understand it, which are applied here to a brief analysis of network industries.


Take your learning further

Making the decision to study can be a big step, which is why you'll want a trusted University. The Open University has 50 years’ experience delivering flexible learning and 170,000 students are studying with us right now. Take a look at all Open University courses.

If you are new to university level study, find out more about the types of qualifications we offer, including our entry level Access courses and Certificates.

Not ready for University study then browse over 900 free courses on OpenLearn and sign up to our newsletter to hear about new free courses as they are released.

Every year, thousands of students decide to study with The Open University. With over 120 qualifications, we’ve got the right course for you.

Request an Open University prospectus