In this essay I compare two different theoretical frameworks in economics for orienting analysis of issues in technology policy. One is a neoclassical framework that sees appropriate policies as dealing with market failuresʺ. The other framework is provided by an evolutionary and institutional...

This anthology examines national systems of technical innovation. An introductory chapter provides an overview of the principal topics in current discussion of industrial and technology policy. Innovation is defined as the processes by which firms master and put into practice product designs and...