Innovation, Catch-up and Sustainable Development -- PART I INNOVATION -- The Influence of Science and ‘Industrial Enlightenment’ on Steelmaking, 1786-1856 -- Science and Technology Relatedness: The Case of DNA Nanoscience & DNA Nanotechnology -- Observable Factors of Innovation Strategy:...

This volume presents selected contributions from the 2018 conference of the International Schumpeter Society (ISS). The selected chapters in this volume reflect the state-of-the-art of Schumpeterian economics dedicated to the three conference topics innovation, catch-up, and sustainability....

Evolutionary economics sees the economy as always in motion with change being driven largely by continuing innovation. This approach to economics, heavily influenced by the work of Joseph Schumpeter, saw a revival as an alternative way of thinking about economic advancement as a result of...