Recent developments in economics have gone from the recognition of the importance of innovation for growth and the … exploration of innovation mechanisms to the incorporation of the results of the previous research into economic models. An … mechanisms of innovation creation and diffusion, the importance of agent heterogeneity, of market selection processes, of the …

innovation and technological change, network formation, capture of substitution effects in modular systems, and many other … generate revenue, and link the resources to the activities through routines created and administered by management …