This book, originally published in 1989, studies both the growth and the barriers to growth of small firms. It examines market and industrial structures, also the role of investment institutions and their handling of small business accounts. There are chapters on management attitudes and ability considered as a potential barrier to development, and other problems such as lack of finance and of a suitably qualified workforce. The book stresses the importance of communicating the latest advances in technology to small firms, and urges the need to re-think government tax and procurement policies.

There has been increasing interest and debate in recent years on the instituted nature of economic processes in general and the related ideas of the market, in particular the competitive process. This debate lies at the interface between two largely independent disciplines, economics and sociology, and reflects an attempt to bring the two fields of discourse more closely together. This book, newly available in paperback, explores this interface in a number of ways, looking at the competitive process and market relations from a number of different perspectives. It includes a wide range of contributors, most of whom are leading writers and thinkers in the field. The book considers the social role of economic institutions in society and examines the various meanings embedded in the word 'markets', as well as developing arguments on the nature of competition as an instituted economic process, rather than as competition being something that disturbs norms or institutions. It goes on to consider the deeper and more involved connection between markets and cognition, explaining how institutions can ease cognitive difficulties, and the effect of culture on markets and competition is also fully studied. This book will be of vital use to students and academics working in the fields of economics, sociology and business studies. It sketches the agenda for future research about markets and the competitive process. -- .

Recently, evolutionary theories of economic and technological change have attracted a considerable amount of attention which reflects the problems encountered by mainstream analysis of dynamic phenomena and quantitative change. This book, originally published in 1991, develops the debate and draws on the concepts of evolutionary biology, nonequilibrium thermodynamics, systems and organization theory. While recognizing that new technology is not the cause of quantitative change, the editors claim it should play a more central role in economic theory and policy. At the same time, the ground is laid for a more generalized concept of innovation and experimentation and their relation to routine activities. The book is intended for economists.

This book, originally published in 1989, studies both the growth and the barriers to growth of small firms. It examines market and industrial structures, also the role of investment institutions and their handling of small business accounts. There are chapters on management attitudes and ability considered as a potential barrier to development, and other problems such as lack of finance and of a suitably qualified workforce. The book stresses the importance of communicating the latest advances in technology to small firms, and urges the need to re-think government tax and procurement policies.

Technology infrastructure supports the design, deployment and use of both individual technology-based components and the systems of such components that form the knowledge-based economy. As such, it plays a central role in the innovation process and in the promotion of the diffusion of technologies. Thus, it is an important element contributing to the operation of innovation systems and innovation performance in any modern economy. Technology infrastructure, either in the narrow or broad sense, is not well understood as an element of a sector's technology platform or of a national innovation system. Similarly misunderstood are the processes by which such infrastructure is embodied in standards or diffused through various institutional frameworks. In fact, because of the public and quasi-public good nature of technology infrastructure, firms as well as public-sector agencies under invest in it, thus inhibiting long-term technological advancement and economic growth. This volume of essays brings together a collection of papers from eminent scholars on all of the various dimensions of technology infrastructure mentioned above. To our knowledge, it is the first such collection of papers and we expect this scholarship to become the foundation for future research in this area. This book was published as a special issue of Economics of Innovation and New Technology.

Technology infrastructure supports the design, deployment and use of both individual technology-based components and the systems of such components that form the knowledge-based economy. As such, it plays a central role in the innovation process and in the promotion of the diffusion of technologies. Thus, it is an important element contributing to the operation of innovation systems and innovation performance in any modern economy.

Technology infrastructure, either in the narrow or broad sense, is not well understood as an element of a sector 's technology platform or of a national innovation system. Similarly misunderstood are the processes by which such infrastructure is embodied in standards or diffused through various institutional frameworks. In fact, because of the public and quasi-public good nature of technology infrastructure, firms as well as public-sector agencies under invest in it, thus inhibiting long-term technological advancement and economic growth.

This volume of essays brings together a collection of papers from eminent scholars on all of the various dimensions of technology infrastructure mentioned above. To our knowledge, it is the first such collection of papers and we expect this scholarship to become the foundation for future research in this area.

This book was published as a special issue of Economics of Innovation and New Technology.

For as long as one can remember, the edifice of the neoclassical economic syn thesis has been under attack. Critiques have focused on the extreme unreality of the assumptions that underpin the Arrow-Debreu theorems of welfare economics. They have queried the excessive formalism of the edifice, and the lack of practical significance of many of the results.They have castigated the neoclassical synthesis for its internal incoherence (lacking an independent theory of capital, for example, one of the favorite topics of the Cambridge school), its lack of a dynamic element, its non-evolutionary character, its lack of any conception of "market process" and so the list could be continued (Blaug, 1997). Through all this, the neoclassi cal synthesis remains as strong as ever, impervious it seems to these or any other attacks. In this paper a different tack is taken. The neoclassical edifice is left alone, standing as a representation of what goes on in a certain kind ofeconomy- namely the economy wheregoods and services are producedand exchanged. The paper then introduces another kind of economy, namely an economy of productive entities called "resources"- that are needed to produce the economyofgoods and services."

Recently, evolutionary theories of economic and technological change have attracted a considerable amount of attention which reflects the problems encountered by mainstream analysis of dynamic phenomena and quantitative change. This book, originally published in 1991, develops the debate and draws on the concepts of evolutionary biology, nonequilibrium thermodynamics, systems and organization theory. While recognizing that new technology is not the cause of quantitative change, the editors claim it should play a more central role in economic theory and policy. At the same time, the ground is laid for a more generalized concept of innovation and experimentation and their relation to routine activities. The book is intended for economists.