The Economics of Industrial Innovation

Technical innovation has moved to center stage in contemporary debates on
economic theory and policy, and Chris Freeman and Luc Soete have played a prominent
part in these debates. For this new edition of The Economics of Industrial
Innovation, they have rewritten all the existing chapters and added ten new ones
that address recent advances in theory and in policymaking. In the new chapters they
deal with the international dimensions of technical change including
underdevelopment, technology transfer, international trade, and globalization. They
have also strengthened the historical account of the rise of new technologies, a
main feature of earlier editions. They take advantage of their experience on
projects for the OECD, the European Union, and industry in other new chapters on
"The Information Society" and on environmental issues, as well as in the updated
discussion of science and technology policy.