As Stan Metcalfe is the leading exponent of combining Marshallian and Schumpeterian conceptions of the evolution of economic systems, it is appropriate to explore the similarities and differences between Marshall's and Schumpeter's work, and in doing so, to draw particularly on major <italic>Companions</italic>...

The purpose of this paper is to explore the correlation between the technological proximity measures in three areas: USA, Japan and the Europe. In each economic area, we use information from two international patent systems to construct the technological proximity for 240 large international...

Firms which enter the online marketplace do so for a variety of reasons. The effects of the <italic>motive</italic> for entry on the ultimate success of entry, for both online and ‘blended’ firms, are largely unknown. This study utilises a unique data set of small Australian firms and examines the...

Firms’ investment in research and development (R&D) depends on both product market competition and R&D cooperation. In this paper, we use a simple duopoly model of product innovation to show that firms should choose to enter into different cooperative R&D arrangements depending on competition....

This paper first explores the notion that the limitlessness of knowledge is a privileged source of the restlessness of capitalism [Metcalfe, J. S. 2001. "Institutions and Progress." <italic>Industrial and Corporate Change</italic> 10 (3): 561--586; 2002. "Knowledge of Growth and Growth of Knowledge." <italic>Journal of...</italic>

<disp-quote specific-use="block"> Scientific analysis is not merely a logically consistent process that starts with some primitive notions and then adds to the stock in a straight-line-fashion. It is not simply progressive discovery of an objective reality. (Schumpeter 1954, 4) </disp-quote> The paper discusses an important case of the...

This paper explores the dissemination of access to home Internet among Whites and Blacks in the US, the inequalities observed between the groups (known as the <italic>digital divide</italic>), the trends exhibited by the two groups in the acquisition of Internet access, and the factors contributing to these...

The concentration and dispersion of innovative activities in space have been largely explained and evidenced by the nature of knowledge and the geographical extent of knowledge spillovers. One of the empirical challenges is to go beyond this by understanding how the geography of innovation is...