Systems of Innovation »

This set of essays of Chris Freeman, founder of SPRU and one of the pioneers of innovation studies, will be of interest to anyone wanting to gain a deeper understanding of technical and social change. The wide-scope lens of the author covers topics ranging from business cycles, through National Systems of Innovation to the information technology paradigm. Having this valuable material in a single volume will be welcomed by all those involved in the economics of innovation, be it in theory, policy or practice.

1 Introduction 1

2 Technological infrastructure and international competitiveness 6

3 Structural crises of adjustment, business cycles and investment behaviour Christopher Freeman Carlota Perez 38

4 Innovation and growth 74

5 Family allowances, technical change, inequality and social policy 90

6 Continental, national and sub-national innovation systems - complementarity and economic growth 106

7 Rise of East Asian economies and the computerisation of the world economy 142

8 A hard landing for the 'new economy'? : information technology and the United States national system of innovation 159

9 'Catching up' and innovation systems : implications for Eastern Europe 186

10 The ICT paradigm 205

11 A Schumpeterian renaissance? 227

12 Conclusions : a 'theory of reasoned history' 239

Name index 253