In this essay I compare two different theoretical frameworks in economics for orientinganalysis of issues in technology policy. One is a neoclassical framework that sees appropriatepolicies as dealing with “market failures”. The other framework is provided by an evolutionaryand institutional...

This paper adopts the point of view that a crisis will face a person, organisation, region orcountry at some point in their life span or history. The question is how to prepare for thecrises and recover from them afterwards? Some of us recover better than others and in ashorter time. The concept...

This paper discusses an increasingly important, yet challenging development, the international coordination of nationally rooted policies or funding schemes to support international collaboration in science and technology (S&T). It conceptualizes ways in which government ministries or agencies...

Globalisation is ambivalent. On the one hand, it brings prosperity, comfort and convenience in the formof economic growth, technological advancement, more open and democratic governance, and so forth.On the other hand, there are vast amounts of casualties from its progress, which only benefits...

U.K. guidelines on the introduction of new regulations require that politicians and civil servants should “think small first” when deciding whether and how to introduce new regulations that affect business. Similar guidelines are currently being adopted across the EU. This paper presents the...

The nature and economic role of legally constituted firms varies between market economiesand changes over time. In particular, the governance of leading firms and how they developdistinctive organisational capabilities vary between institutional regimes and their supportingpolitical-economic...