significant advances in understanding the determinants and consequences of innovation, until recently they have paid little … attention to how innovation functions as an economic process. This book examines the nature and workings of markets for …

This paper empirically shows that innovation in Information Technology (IT) has become increasingly dependent on and … intertwined with innovation in software. This change in the nature of IT innovation has had differential effects on the …’s contribution in IT innovation and the differential innovation performance of US and Japanese electronics, semiconductors, and …