This selection of essays by Giovanni Dosi offers the famous economist's thoughts on technological paradigms and innovation diffusion, organisational structures and behaviour in changing environments and evolutionary economics theory.
`This essay collection, spanning almost 20 years from 1982 to 1999, is not only an impressive account of Dosi's academic achievements, but also "food for thought" for economists interested in a deeper understanding and possible modelling of growth processes in South Asia.' -- Bernhard Seliger, Contemporary South Asia `For those new to evolutionary economics, the book provides an introduction to how evolutionary concepts like variety, selection, routines, mutation, adaptation and path-dependence can be used to understand and model firm behaviour and consequently the evolution of industries and economic growth. . . . For specialists in the field, the collection contains more focussed theoretical pieces on areas that are relatively path-breaking in both microeconomic theory and industrial organization.' -- Mariana Mazzucato, Journal of Economic Behavior and Organization `Giovanni Dosi is one of the most iconoclastic, creative, and constructive economists writing today, and this collection of his writings provides a splendid view of what he has been arguing. Standard neoclassical economics is at a dead end, and has lost the way. Evolutionary economics broadly defined is clearly the way to go and, in fact, has advanced rapidly. For economists who tend to believe these things, this book is essential reading. It is also must reading for economists who object to these propositions, for they surely will have to meet this challenge sooner or later.' -- Richard R. Nelson, Columbia University, US `Giovanni Dosi is one of the most original and stimulating theorists in the field of evolutionary economics. Since his pioneering publication, together with colleagues, on Technical Change and Economic Theory he has published numerous papers in a variety of journals which make an outstanding contribution to the further development of this theory. This book will prove invaluable in bringing together his work in a systematic form.' -- Christopher Freeman, SPRU - Science and Technology Policy Research, University of Sussex, UK and Maastricht University, the Netherlands