ABSTRACT
The paper is an attempt to integrate the Structure-Conduct-Performance model (S-C-P) and the neo-Schumpeterian evolutionary theory into a rich theoretical framework directed to analyze industrial performance and the factors that affect the performance of nations. It is observed, from the point of view of firm's action, that the variables related to structure, conduct and performance are highly influenced by technological revolutions and the techno-economic paradigm. Consequently, what determines the competitiveness of local industries and the potential of advancing countries in their development conditions is the ability of firms, by means of their routines and innovation, to incorporate and develop new technologies, which in turn modify its organization and operation of the market.
KEYWORDS:
S-C-P model; neo-Schumpeterian theory; industrial competitiveness; economic performance