This book investigates the relationship between corporate governance, market structure and innovation. The editors observe that a number of radical mutations are occurring in industries that have played a crucial role in sustaining and fostering the pace of technological progress

Are advanced countries bound to follow a specialisation path in their innovation activities? This paper contributes to the issue by analysing the dynamic of innovation activities in telecommunications (TLCs) at the country level. Our claim is that countries are more likely to innovate in a...