Understanding Industrial and Corporate Change contains work on technological, organizational, and institutional change. Trans-disciplinary in its approach, the book explores three distinct themes: Markets and Organizations; Evolutionary Theory and Technological Change; and Strategy, Capabilities, and Knowledge Management.

1. Introduction ; PART I: ECONOMIC BEHAVIORS AND ORGANIZATIONAL FORMS ; 2. Costly and Bounded Rationality in Individual and Team Decision-Making ; 3. Incentives, Routines, and Self-Command ; 4. Routines and Other Recurring Action Patterns of Organizations: Contemporary Research Issues ; 5. Hierarchies, Markets, and Power in the Economy: An Economic Perspective ; 6. The Evolution of Organizational Conventions and Gains from Diversity ; 7. Information, Finance, and Markets ; PART II: KNOWLEDGE, ORGANIZATIONS, AND TECHNOLOGICAL EVOLUTION ; 8. The Explicit Economics of Knowledge Codification and Tacitness ; 9. The Slow Pace of Rapid Technological Change: Gradualism and Punctuation in Technological Change ; 10. Incentives, Routines, and Self-Command ; 11. Technologies, Products, and Organization in the Innovating Firm: What Adam Smith Tells Us and Joseph Schumpeter Doesn't ; 12. Economic Experiments ; 13. Heroes, Herds, and Hysteresis in Technological History: Thomas Edison and 'The Battle of the Systems' Reconsidered ; 14. Patents and Welfare in an Evolutionary Model ; 15. Corporate Strategy, Structure, and Control Methods in the United States During the 20th Century

Dosi and colleagues from the University of California, Berkeley, introduce 13 papers collected from issues of the Industrial and Corporate Change journal from 1992-2000. They offer multidisciplinary insights into theoretical and empirical aspects of business organizations.

Giovanni Dosi is Professor of Economics at the Sant' Anna School of Advanced Studies of Pisa David J. Teece is Mitsubishi Bank Professor of International Business and Finance at the Haas School of Business, and Director of the Institute of Management, Innovation and Organization, University of California, Berkeley Josef Chytry is Adjunct Professor of Cultural History and Visual Criticism at the California College of the Arts