Industrial transformation is a research and teaching field with a focus on the phenomenon and mechanisms of industrial development and renewal. It concerns changes in economic activities caused by innovation, competition and collaboration, and has a rich heritage of evolutionary economics, institutional economics, industrial dynamics, technology history and innovation studies. It borrows concepts and models from the social sciences (sociology, history, political sciences, business/management, economics, behavioural sciences) and also from technology and engineering studies. In this book, the authors present the key theories, frameworks and concepts of industrial transformation and use empirical cases to describe and explain the causes, processes and outcomes of transformation in the context of digitalization and sustainability. They stress that industrial transformation consists both of Darwinian "survival of the fittest" selection, and of intentional pursuits of innovation, and of industrial capabilities creation. The work argues that managing the global trends of transformation is not only about new technology and innovation: existing institutional settings and dynamic interactions between technological change, organizational adaptation and economic activities also have a profound impact on future trajectories. The areas under investigation are of great relevance for strategic management decisions and industrial and technology policies, and understanding the mechanisms underlying transformation and sustainable growth.

Industrial transformation is a research and teaching field with a focus on the phenomenon and mechanisms of industrial development and renewal. It concerns changes in economic activities caused by innovation, competition and collaboration, and has a rich heritage of evolutionary economics, institutional economics, industrial dynamics, technology history and innovation studies. It borrows concepts and models from the social sciences (sociology, history, political sciences, business/management, economics, behavioural sciences) and also from technology and engineering studies. In this book, the authors present the key theories, frameworks and concepts of industrial transformation and use empirical cases to describe and explain the causes, processes and outcomes of transformation in the context of digitalization and sustainability. They stress that industrial transformation consists both of Darwinian "survival of the fittest" selection, and of intentional pursuits of innovation, and of industrial capabilities creation. The work argues that managing the global trends of transformation is not only about new technology and innovation: existing institutional settings and dynamic interactions between technological change, organizational adaptation and economic activities also have a profound impact on future trajectories. The areas under investigation are of great relevance for strategic management decisions and industrial and technology policies, and understanding the mechanisms underlying transformation and sustainable growth.

This book addresses the critical issue of how and why European universities are changing and learning to compete. Anglo-Saxon universities particularly in the US, the UK and Australia have long been subject to, and responded to, market-based competition in higher education. The authors argue that Continental and Nordic universities and higher education institutes are now facing similar pressures that are leading to a structural transformation of the university sector. Four important themes are addressed, namely 'Emergent Strategies', 'Diversification and Specialization', 'Rethinking University-Industry Relations' and 'Reflections'. Contributors include Luke Georghiou writing about the merger between The Victoria University of Manchester and UMIST; Andrea Bonaccorsi writing about differentiation in higher education; and Maryann Feldman writing about American technology transfer. Thus, the book provides a timely and critical reflection on what happens, as European universities transform from government-funded social institutions to become knowledge businesses operating in a competitive regime. This study will appeal to a broad audience of researchers, academics and policymakers with an interest in understanding the major transformations universities are currently undergoing. Regardless of whether one believes that increasing competition has positive or negative effects, the changes will undoubtedly affect both academics and students. These transformations will also influence the ability of nations to compete in the global knowledge society.

This book addresses the critical issue of how and why European universities are changing and learning to compete. Anglo-Saxon universities particularly in the US, the UK and Australia have long been subject to, and responded to, market-based competition in higher education. The authors argue that Continental and Nordic universities and higher education institutes are now facing similar pressures that are leading to a structural transformation of the university sector. Four important themes are addressed, namely 'Emergent Strategies', 'Diversification and Specialization', 'Rethinking University-Industry Relations' and 'Reflections'. Contributors include Luke Georghiou writing about the merger between The Victoria University of Manchester and UMIST; Andrea Bonaccorsi writing about differentiation in higher education; and Maryann Feldman writing about American technology transfer. Thus, the book provides a timely and critical reflection on what happens, as European universities transform from government-funded social institutions to become knowledge businesses operating in a competitive regime. This study will appeal to a broad audience of researchers, academics and policymakers with an interest in understanding the major transformations universities are currently undergoing. Regardless of whether one believes that increasing competition has positive or negative effects, the changes will undoubtedly affect both academics and students. These transformations will also influence the ability of nations to compete in the global knowledge society.

Interactions between business, technological, public policy, and organization processes are changing the way modern economies work. In this book the concept of 'change' is problematized in terms of flexibility and stability across these processes, examining the central issues of industrial dynamics, structural change, and transformation. It adopts a perspective of the economy that sees it as an inherently dynamic and complex system, consisting of diverse components and activities, which interact and change in different ways over time. This means placing an emphasis not only on economic transformation, but also on the diverse actors in this transformation who are deciding, doing, and acting in ways which affect the outcomes of this change. Chapters are grouped within three themes, which readers will find are core to the fields of innovation studies, industrial dynamics, and evolutionary economics. The themes are: Experimenting and Inertia; Evolution and Adaptation of Structure; and Innovating and Technological Transformation.