Explores the theory of firm knowledge and how firms create new knowledge. Knowledge is considered to be in one of two categories: information or know-how. Firms exist, it is argued, because they are better than markets at sharing and transfer of knowledge. Information, which is often...

Innovation and industrial evolution -- History-friendly models: methods and fundamentals -- The US computer industry and the dynamics of concentration -- Vertical integration and dis-integration in the computer industry -- The pharmaceutical industry and the role of demand -- Reprise and conclusions