The Elgar Companion to Neo-Schumpeterian Economics is a cutting-edge collection of specially commissioned contributions highlighting not only the broad scope but also the common ground between all branches of this prolific and fast developing field of economics.

The Probabilistic Risk Analysis (PRA) uses the popular product formula as a frame of reference for measuring technological risks. If based upon this calculus, the ambivalent assessment of technological risks prevailing in society seems to be non-rational and may not be explained by economic...