Cover -- India's Late, Late Industrial Revolution -- Title -- Copyright -- Dedication -- Contents -- Figures -- Tables -- Acknowledgments -- Preface -- 1: Vent for growth -- Outside-the-box thinking -- India's unique industrial revolution -- Recent growth performance in India -- Industry in the...

Accounts of economic change recognize that markets create selective pressures for the adaptation of technologies in the direction of customer needs and production efficiencies. However, non-adaptational bases for technological change are rarely highlighted, despite their pervasiveness in the...

It is widely recognized that entrepreneurship is vital to regional economic development. And recent studies in entrepreneurial expertise have shown that effectuation is important to doing entrepreneurship well. Furthermore, since expertise involves teachable and learnable aspects of a knowledge...

For almost fifty years now, following the trail of issues raised by economists such as Hayek, Schumpeter, Kirzner and Arrow, researchers have studied the economics of technological change and the problem of allocation of resources for invention (invention being the production of information)....