Evolutionary economics is a vital, expanding field of research focusing on the incessant transformation of the economy and its driving forces. Exploring the most recent research trends in the field, this volume presents a high quality set of papers indispensable to scholars and researchers...

The paper looks at a model of directed technical change in an environmental-economics context. Firms can do conventional or "green" R&D or they can abate emissions at the end of pipe. The paper has two main foci. On the one hand, it investigates the impact of environmental regulation on the...