Innovation is a systemic phenomenon in which institutions, such as firms, government entities and public policy incentives, interact in complex ways. This book describes how institutions and markets can best be structured in order to promote innovation in key economic sectors. It will be of great use to policy makers, business leaders and scholars of evolutionary economics.

Describes how institutions and markets can best be structured in order to promote innovation in key economic sectors.

Advance praise: 'This is a very interesting collection of essays on technological change, its impact on the economy, and issues of public policy and private management.' Richard Nelson, Columbia University