Why do some entrepreneurial high-technology industrial clusters grow and prosper, while others stagnate? Even after several decades of research, we have yet to find a definitive answer. One of the main debates in the literature revolves around the importance of societal variables, such as the...

In the last three decades research across the social sciences has made great advances in the political economy of technological change. Nonetheless, many of these insights are solely tied to national, sometimes regional, explanations of industrial R&D and innovation rates. Meanwhile, the impacts...

This path-breaking book provides unique insights into the organisational realities of strategic reconfigurations in uncertain markets, thus advancing the dynamic capability perspective.

Recently, the role of returnees in the economic development of various East Asian nations has received much attention. The early literature on the relocation of the most highly trained individuals from a developing nation to a developed nation viewed the phenomena as a “brain drain.” Since...

Of the East Asian Newly Industrialized Countries (NICs) Taiwan has one of the most inspiring stories. In almost all accounts of Taiwan, the state has been described as the major impetus of economic development and technological upgrading. Consequently, Taiwan has become the "poster child" of the...

What kind of guidelines can be established for a government policy to promote economic growth? Many now believe there should be almost none. However, these authors think very differently. They argue that the management literature contains a framework that supports constructive government...

A near consensus has emerged supporting the public funding of industrial R&D as a solution to a host of market failures. However, the common policy prescription urges government to go no further than minimal 'market-enhancing' intervention, largely keeping the state to the role of financer of...

In the last decade, few countries have figured prominently as cases of late-late developers that achieved worldwide success with their Information Technology (IT) industries. This paper focuses on the Israeli case and argues that uniquely in that group, and in contradiction to the model proposed...

Given the powerfully negative and ongoing impact of the Great Recession on western economies, the question of whether historically wealthy nations--the US, Western European countries, Japan--can stay wealthy has become an overriding concern for virtually every interested observer. Can their...