Following up on recent debates about sectoral systems of innovation and production, the paper introduces a heuristic framework for analyzing and explaining distinct patterns of technology-based sectoral change. The concept is based on two interrelated influencing factors. The first is the...

Intro -- Contents -- Foreword -- Introduction -- Note on the 2001 Edition -- Author's Acknowledgments -- The Hundred Years' Peace -- Conservative Twenties, Revolutionary Thirties -- ''Habitation versus Improvement'' -- Societies and Economic Systems -- Evolution of the Market Pattern -- The...

Should the European Union grant state aid through an institution like the European Investment bank? This paper evaluates the efficiency of different measures for granting state aid. We use a theoretical model with firms that differ in their creditworthiness and compare different types of...