How are new forms of industrial organization accommodated into a country'slegal frameworks, and what effect does this have on the ability of firms toinnovate. Variations in the broad institutional organization of the German andUS political economies result in different processes of contract...

Can German national institutional frameworks be reconfigured to allow radical innovation in science-based industries? This paper examines the development of commercial technologies for entrepreneurial biotechnology start-up firms in Germany. During the 1980s and early 1990s an inadequate...