Since their first emergence in the work of Paul David thirty years ago, the dual issues of Path Dependence and Lock-In have become critically important subjects in the fields of economics, sociology, and business strategy. Theoretical and public policy debates on these issues have arisen,...

Technological Revolutions and Financial Capital presents a novel interpretation of the good and bad times in the economy, taking a long-term perspective and linking technology and finance in an original and convincing way.

Theo S. Eicher and Thomas Strobel present an industry-level account of the recent changes in German productivity growth and compare the trends to Europe and the US. The specific focus is on how differential investments in information and communication technologies (ICT) affected the economic...

Technological change plays a crucial role in realizing energy efficiency improvements and, therefore, in ameliorating the conflict between economic growth and environmental quality. However, the diffusion of new technologies can prove a costly and lengthy process, meaning that many firms do not...

This innovative book provides state-of-the-art analyses of the current condition of the economics of digital markets. The most recent developments in web technology are evolving, creating an increasingly deregulated environment. Much of the impetus for liberalisation is in response to multimedia...

Information and Communication Technologies (ICT) are rapidly evolving and taking centre stage in everyday life in the 21st century alongside the increasing importance and value of information. This is particularly evident in the transport sector where ICT is greatly influencing our mobility and...

Presenting the history of long wave analysis from its origins to the present day and stressing its intimate relationship with the development of business cycle theory, this acclaimed study offers a thorough critique of conventional long wave analysis.

Modern evolutionary economics is now nearly two decades old and in this excellent book, a distinguished group of evolutionary economists identify the most important developments and discuss the direction of future research. By moving away from traditional concerns with the operation of selection...

Innovation and Institutions is an extensive elaboration on the make up of systems of innovation. It examines why some countries are more innovative than others, why national styles of innovation differ, and goes on to explore why some countries make radical innovations but fail to successfully...