The Anatomy and Evolution of Industries

Technological Change and Industrial Dynamics

New Horizons in the Economics of Innovation series

Orietta Marsili, School of Management, University of Bath, UK

In this challenging book, Orietta Marsili examines the relationship between industrial dynamics and technological change. By combining formal evolutionary modelling with empirical evidence, she illustrates how the characteristics of innovative processes in different technological regimes influence market structure and dynamics.

‘This book has the potential of becoming a classic in the newly emerging field of industry evolution. It provides one of the most comprehensive, thorough investigations that I have read to date. Most importantly, Orietta Marsili provides new and thoughtful micro-foundations for the emerging knowledge based economy. This book will emerge as the most insightful and valuable volume on the subject.’
– David B. Audretsch, Indiana University, Bloomington, US and Otto Beisheim School WHU, Germany