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Innovation, Organization and Economic Dynamics

Selected Essays Giovanni Dosi, Professor of Economics, Sant’Anna School of Advanced Studies, Pisa, Italy
Giovanni Dosi is recognized as one of the world’s leading scholars in industrial economics and corporate change. This volume contains a selection of his most important work and provides an excellent overview of the contribution he has made to the economics of innovation and technical change.
Extent: 720 pp
Hardback Price: $231.00 Web: $207.90
Publication Date: 2000
ISBN: 978 1 85898 591 6
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  • Economics and Finance
  • Economics of Innovation
  • Evolutionary Economics
  • Industrial Organisation
  • Innovation and Technology
  • Economics of Innovation
Giovanni Dosi is recognized as one of the world’s leading scholars in industrial economics and corporate change. This volume contains a selection of his most important work and provides an excellent overview of the contribution he has made to the economics of innovation and technical change.

Key topics include:

• technological paradigms and innovation diffusion
• economic behaviour and learning
• organizational structures and behaviour in a changing environment
• corporate finance and innovation
• industrial dynamics
• evolutionary theories in economics
• institutions, technical change and economic growth.

The book will be welcomed by scholars and students of innovation, industrial organization, business and institutional and evolutionary economics.
‘This essay collection, spanning almost 20 years from 1982 to 1999, is not only an impressive account of Dosi’s academic achievements, but also “food for thought” for economists interested in a deeper understanding and possible modelling of growth processes in South Asia.’
– Bernhard Seliger, Contemporary South Asia

‘For those new to evolutionary economics, the book provides an introduction to how evolutionary concepts like variety, selection, routines, mutation, adaptation and path-dependence can be used to understand and model firm behaviour and consequently the evolution of industries and economic growth. . . . For specialists in the field, the collection contains more focussed theoretical pieces on areas that are relatively path-breaking in both microeconomic theory and industrial organization.’
– Mariana Mazzucato, Journal of Economic Behavior and Organization

‘Giovanni Dosi is one of the most iconoclastic, creative, and constructive economists writing today, and this collection of his writings provides a splendid view of what he has been arguing. Standard neoclassical economics is at a dead end, and has lost the way. Evolutionary economics broadly defined is clearly the way to go and, in fact, has advanced rapidly. For economists who tend to believe these things, this book is essential reading. It is also must reading for economists who object to these propositions, for they surely will have to meet this challenge sooner or later.’
– Richard R. Nelson, Columbia University, US

‘Giovanni Dosi is one of the most original and stimulating theorists in the field of evolutionary economics. Since his pioneering publication, together with colleagues, on Technical Change and Economic Theory he has published numerous papers in a variety of journals which make an outstanding contribution to the further development of this theory. This book will prove invaluable in bringing together his work in a systematic form.’
– Christopher Freeman, SPRU – Science and Technology Policy Research, University of Sussex, UK and Maastricht University, the Netherlands
Contents: Innovation, Organization and Economic Dynamics: An Autobiographical Introduction Part I: Opportunities of Innovation, Search Procedures and Diffusion Part II: Economic Behaviours, Organizations and Innovation in Changing Environments Part III: Evolutionary Interpretations of Economic Change Part IV: Learning and Market Selection: Evolutionary Models of Economic Change Part V: Institutions and Economic Dynamics