Evolving Technology and Market Structure

Joseph Schumpeter’s work, with its emphasis on supply side factors, for many years received less attention than that of his contemporary, Keynes. Now, as Evolving Technology and Market Structure shows, Schumpeter’s ideas are having a considerable impact on both theory and empirical work in economics.

The distinguished editors have gathered a set of outstanding essays to show the current vigor and power of the Schumpeter beyond previously accepted models, and case studies show the relevance and use of his theories in analyzing the relations among technology, industrial growth, and market structure in a variety of countries, contexts, and industries.