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"Flexibility and Stability in the Innovating Economy" ed. by Maureen McKelvey, Magnus Holmen

Interactions between business, technological, public policy, and organization processes are changing the way modern economies work. In this book the concept of 'change' is problematized in terms of flexibility and stability across these processes, examining the central issues of industrial dynamics, structural change, and transformation. It adopts a perspective of the economy that sees it as an inherently dynamic and complex system, consisting of diverse components and activities, which interact and change in different ways over time.

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Examines central issues for the modern economy such as industrial dynamics, structural change, and transformation.

Problematizes the concept of 'change' through its focus on flexibility and stability.

Engages in front-line research debates on key issues for innovation studies, industrial dynamics, and evolutionary economics.

Includes contributions from the leading scholars.

Chapters are grouped within three themes, which readers will find are core to the fields of innovation studies, industrial dynamics, and evolutionary economics

Contents

1. Introduction - Maureen McKelvey and Magnus Holmen

Theme 1: Experimentation and Inertia

2. The new craft skills of engineering: the impact of innovation technology on engineering practice - Mark Dodgson, David Gann, and Ammon Salter

3. Innovative Opportunities: A Force Driving Flexibility and Stability in the economy - Magnus Holmen, Mats Magnusson, and Maureen McKelvey

4. The Great Experiment: Public-private partnerships and innovation in design, production and operation of capital goods in the UK - Andrew Davies and Ammon Salter

Theme 2: Evolution and Adaptation of Structure

5. Complexity, evolution, and the Structure of Demand - John Foster and Jason Potts

6. Self-transformation, Self-organization, and Evolutionary Adaptation in the Economic Process - Stan Metcalfe and Ronnie Ramlogan

7. Changing Boundaries of Firms in the Evolution of the Computer Industry: Towards a history friendly model - Franco Malerba, Richard Nelson, Luigi Orsenigo and Sidney Winter

Theme 3: Technological Transformation

8. The effects of Technological Change on the Boundaries of Existing Firms - Paul Robertson and Gianmario Verona

9. Transitions, Transformations and Reproduction: Dynamics of functional systems - Frank W. Geels and Rene Kemp

10. Analyzing Flexibility and Stability in Co-evolutionary Processes - Magnus Holmen and Maureen McKelvey

Authors, editors, and contributors

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