The firm is the central actor for the effectuation of innovation and technological change. The large industrial laboratories of the previous century have given way to more organizationally and geographically diffuse sources of technology, placing even greater emphasis on the coordination skills...

Economic growth theory has underplayed the importance of the management of the business enterprise in economic growth and development. In today's global economy, business enterprises must be able to sense opportunities, seize or execute on such opportunities, and reconfigure and transform as...