Economic Organization, Industrial Dynamics and Development: Selected Essays - Softcover

'In this exciting collection of Giovanni Dosi's papers, he and his colleagues address a number of difficult and important questions in the economics of innovation and technological change. In his unparalleled characteristic style, Dosi challenges conventional thinking, presents fresh empirical evidence, and provides creative, yet still logically impeccable, analyses. Particularly impressive is the range of issues covered in different sections of the book, from micro-foundations of firms' innovative capabilities to aggregate empirical regularities in markets and economies. Underpinning all levels of analysis is Dosi's relentless quest for chartering and explaining economic dynamics. This is an extremely valuable source of knowledge for everyone who seeks to understand one of the key items on the agenda of every organization, nation and region - the elusive concept of innovation and its economic implications. In this volume we are offered the opportunity to learn from one of the pioneers in the field - don't miss it!' -- Fredrik Tell, Linkoeping University, Sweden

This volume collects some of Giovanni Dosi's most important publications in the new millennium, following his earlier 2000 collection, Innovation, Organization and Economic Dynamics. It begins by offering quite a few advances in the analysis of individual learning in evolving environments, and of organizational structures and learning, thereby contributing to an emerging knowledge-centred theory of the firm and to a related theory of production. A second group of papers addresses the workings of markets, the importance of their institutional architectures, their diverse effectiveness as selection devices, and the evolutionary patterns of demand formation. A third set of chapters continues the exploration of the characteristics, drivers and performance outcomes of industrial evolution. The fourth part of the book is a reassessment of the role of history and path dependence in evolutionary processes. Finally, Part five addresses both the empirics and the modelling of the processes of growth and development nested into coupled evolution of technologies, corporate organizations and institutions