This paper presents a dynamic analysis of technological (and industrial) policies directed to business sector restructuring in increasingly knowledge-based economies. It simultaneously considers policies which are aimed at promoting restructuring directly and policies aimed at influencing the...

Despite recent advances in the Evolutionary and Systems Perspectives to Economic Change (SI), confusion still exists about how to apply it to the design and implementation of Innovation & Technology Policy (ITP) in concrete settings. Since the `Normative' aspects of SI are framed in terms so...

Venture capitalism is an outcome of the ICT Revolution, which made its appearance first in the US during the late 1970s and early 1980s and then in other countries including Israel during the 1990s. It explains the new pervasive role of small firms in the introduction of technological...

This paper provides an account of the emergence and development of a Venture Capital Industry in Israel, and the role it played in the recent successful growth of Israel's high tech cluster. The paper focuses on Israel's Venture Capital Industry, its emergence and operation during the 90s, in...

The paper summarizes the findings obtained during the first year of the Venture Fun project, carried out in an EU Network of Excellence PRIME and funded from the Sixth Framework Programme. The paper defines the central concepts of the project, identifies questions for further elaboration and...