Technological Change in the Modern Economy

Basic Topics and New Developments

Paul Beije, Associate Professor of Management of Innovation, Erasmus University Rotterdam and Head, Department of Knowledge, Economy and Innovation, TNO-STB, The Netherlands

Technological Change in the Modern Economy presents an authoritative overview of the economics of technological change. Using an empirical foundation, it examines the economic causes and effects of technological innovation. It also analyzes the process of innovation itself.

‘It is rare to encounter a scholar who is familiar with all the various literatures and paradigms and can communicate them in a manner that is accessible to students. I am pleased to report that Paul Beije has successfully accomplished this laudable objective in this highly readable and timely book. . . it is a valuable contribution to our understanding of the role of technological change in a knowledge-based economy. I look forward to reading the second edition.’
– D. Siegel, Education Economics

‘Technological Change in the Modern Economy is a valuable and quite complete survey of the existing economic knowledge on technical change. . . the book can be highly recommended to anyone who is working or teaching in the field of the economics of innovation.’
– Gert-Jan Hospers, Kyklos

‘Paul Beije has improved upon the normal coverage of texts on the economics of technological change. His book reflects more up-to-date thinking, including evolutionary and historical approaches, and an integration of corporate strategy material with the more standard micro-analysis.’
– John Cantwell, Rutgers University, US

‘It is a comprehensive and scholarly account of recent developments in the economics of innovation. It is particularly good on the patterns of technological cooperation, both horizontal and vertical, and the role of government in stimulating innovation. The author uses excellent examples to illustrate his theoretical points, which are informed by a thorough understanding of the relevant recent developments. This will be a valuable text for students of economics and management throughout Europe and North America.’
– Christopher Freeman, SPRU – Science and Technology Policy Research, University of Sussex, UK and Maastricht University, The Netherlands