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best-practice labour productivity Business Monitor capital productivity capital-saving cent components diffusion of microelectronics Dosi dramatic economies of scale elec electrical and electronics electrical engineering industry electrical sector electromechanical electronic capital electronic computers electronic consumer electronics and electrical electronics technology emergence Employment forecasts employment growth employment levels estimates factors Figure firms Freeman funded R&D Giovanni Dosi gross output growth in best-practice Growth in Best8 growth rates illustrates increased indices innovations Instrument Engineering integrated circuits Japanese labour and capital labour-saving Luc Soete ment micro microelectronics revolution occupational categories OECD office machinery oligopoly output and employment output growth particularly passive components pattern R&D expenditure Radio rate of technical ratio relatively Research Scenario semiconductor industry seventies Soete Source technical change technological paradigm telecommunications total electrical engineering trade transistor tronics UK electrical United Kingdom UNIVAC University of Sussex Western Electric