Periods of Schumpetarian creative destruction are well captured by indicators of turbulence that highlight changes in inter-firm variety, such as the market share instability index and relative growth rates. Entry/exit rates do not always serve this purpose. The point is illustrated through the...

The advanced world is facing a crucial moment of transition. We argue that a successful outcome requires bringing innovation to the centre of government thinking and action and that, in order to do this, we must apply our knowledge of how innovation occurs and how to repair what has gone wrong....

Intro -- Table of Contents -- Title -- Copyright -- Dedication -- Acknowledgements -- Notes on Contributors -- 1. Rethinking Capitalism: An Introduction -- Capitalism and its discontents -- Rethinking economic policy -- Beyond market failure: towards a new approach -- Notes -- 2. The Failure of...