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A new approach to the analysis of technological process, emphasising the tailoring of formal modelling to historical context.
List of contents
1. Innovation and industrial evolution; 2. History-friendly models: methods and fundamentals; 3. The US computer industry and the dynamics of concentration; 4. Vertical integration and dis-integration in the computer industry; 5. The pharmaceutical industry and the role of demand; 6. Reprise and conclusions.
About the author
Franco Malerba is Professor of Industrial Economics at the Bocconi University in Milan. He is former President of both the International Schumpeter Society and the European Association of Research in Industrial Economics. He is the author of over fifteen books on industrial economics and innovation, and has contributed to numerous journals on the subject.Richard R. Nelson is George Blumenthal Emeritus Professor of International and Public Affairs, Business and Law at Colombia University, and heads the Program on Science, Technology, and Global Development at the Columbia Earth Institute, New York. He is a seminal figure in the revival of evolutionary economics, and is the co-author of An Evolutionary Theory of Economic Change (1990) with Sidney G. Winters.Luigi Orsenigo is Professor of Applied Economics at IUSS, University of Pavia. He is the editor of the Journal of Evolutionary Economics, and the author of three books on biotechnology and industry, and of more than one hundred publications in major international journals.Sidney G. Winter is the Deloitte and Touche Emeritus Professor of Management at the Wharton School, University of Pennsylvania. With Richard R. Nelson, he co-authored the highly cited book An Evolutionary Theory of Economic Change (1990). He was the winner of the Viipuri Prize in Strategic Management in 2008 and the Global Award for Entrepreneurship Research in 2015.
Summary
This book will interest scholars and graduate students of innovation and industrial evolution, from diverse backgrounds such as economics, history and management, and also practitioners of business strategy and economic policy. It offers a new methodology for studying the complex dynamics of innovation, competition and industrial evolution.
Additional text
Advance praise: The co-authors of this volume are pioneers in the development of history-friendly models of the evolution of knowledge-intensive industries. This book extends and elaborates that work, enriching our understanding of the development of the computer, semiconductor, and pharmaceuticals industries. The volume is a major contribution to economics, strategy, and policy. David C. Mowery, William A. and Betty H. Hasler Professor of New Enterprise, Emeritus, University of California, Berkeley
