This pathbreaking book addresses the economics of technological change as revealed by a unique methodology that uncovers the true nature of technological development. Masaaki Hirooka bases this new approach to the economics of technological change on the recognition of the nonlinear dynamic...

Science and technology have become increasingly intertwined in the twentieth century. However, little attention has been paid to the forces that have brought about this condition. Indeed, many scholars have taken it simply for granted that causality always runs from science to technology. In...