This introduction outlines some key aspects of an Austrian perspective on innovation, which is viewed as an ongoing, dynamic process in which entrepreneurs combine heterogeneous capital resources in new ways order to develop and deploy new technologies, products, and methods of business...

This essay explores the nature and causes of the so-called ‘missing middle' (that is, the UK's failure to train sufficient technicians or workers with intermediate-level skills). Evidence is drawn from studies of UK advanced manufacturing industries, in particular those seeking to innovate by...

The innovation systems (IS) approach — developed by Richard Nelson, Christopher Freeman and Bengt-Ake Lundvall, amongst others — has become perhaps the dominant approach in the academic literature for the study of innovation. It has also exerted considerable influence on policy. This paper...