Contemporary microeconomics has witnessed a resurgence of behavioral, institutional, and evolutionary critiques of the neoclassical mainstream that came to dominate the field during the 1980s. Today's critiques and proposals for reform have a long tradition in economics. While synthesizing the...

David Teece discusses with Richard R. Nelson the contributions of Alfred D. Chandler Jr to a variety of areas in business history, economics, and management. Topics include Chandler's understanding of organizational capabilities, management leadership, technology, strategy, and the theory of the...

It is clear that the power of “technological paradigms” proposed by Dosi (<xref ref-type="bibr" rid="B3">1982</xref>) varies greatly across fields of practice, in the sense that in certain field's progress has been much more rapid than in others where comparable resources have been applied to the effort. This essay explores the...

Modern societies are presently facing a number of challenging and often contentious issues regarding how to organize and govern a variety of activities that employ a substantial and growing fraction of their resources. In certain cases, to make market organization work satisfactorily will...

Organizational routines are considered basic components of organizational behavior and repositories of organizational capabilities (Nelson & Winter, 1982). They do, therefore, hold one of the keys to understanding organizational change. The article focuses on how the concept of organizational...