Innovation and industrial evolution -- History-friendly models: methods and fundamentals -- The US computer industry and the dynamics of concentration -- Vertical integration and dis-integration in the computer industry -- The pharmaceutical industry and the role of demand -- Reprise and conclusions

This book describes and analyzes how seven major high-tech industries evolved in the USA, Japan, and Western Europe. The industries covered are machine tools, organic chemical products, pharmaceuticals, medical devices, computers, semiconductors, and software. In each of these industries, firms...

Based on a survey questionnaire administered to 1478 R&D labs in the U.S. manufacturing sector in 1994, we find that firms typically protect the profits due to invention with a range of mechanisms, including patents, secrecy, lead time advantages and the use of complementary marketing and...