Technical innovation is vital to the competitive performance of firms and nations and for the sustained growth of the world economy. The economics of innovation is an area that has expanded dramatically in recent years and this major new series, edited by one of the most distinguished scholars in the field, contributes to the debate and advances in research in this most important area. The main emphasis is on the development and application of new ideas. The series provides a forum for original research in technology, innovation systems and management, industrial organization, technological collaboration, knowledge and innovation, research and development, evolutionary theory and industrial strategy. International in its approach, the series includes some of the best theoretical and empirical work from both well-established researchers and the new generation of scholars.