Understanding Industrial and Corporate Change contains pioneering work on technological, organizational and institutional change from leading theorists and practitioners such as Joseph Stiglitz, Oliver Williamson, Masahiko Aoki, Alfred D. Chandler, Jr., and Sidney Winter. Trans-disciplinary in
it's approach, the book explores three distinct themes: Markets and Organizations; Evolutionary Theory and Technological Change; and Strategy, Capabilities, and Knowledge Management. The chapters are drawn from the journal Industrial and Corporate Change, reflecting the diverse contributions it has
published since 1992 in such areas as business history, industrial organization, strategic management, organizational theory, innovation studies, organizational behavior, economics, political science, social psychology and sociology. Understanding Industrial and Corporate Change provides an
accessible account of recent research and theory on technological, organizational and institutional change for academics and advanced students of Business and Management, Organization Theory, Technology and Innovation Studies and Industrial Economics.

• 1: Giovanni Dosi, David Teece, and Josef Chytry: Introduction


• Part I: Economic Behaviors and Organizational Forms


• 2: Roy Radner: Costly and Bounded Rationality in Individual and Team Decision-Making


• 3: Steven Postrel and Ricahrd P. Rumelt: Incentives, Routines, and Self-Command


• 4: Michael D. Cohen, Roger Burkhart, Giovanni Dosi, Massimo Edgidi, Luigi Marengo, Masimo Warglien, and Sidney G. Winter: Routines and Other Recurring Action Patterns of Organizations: Contemporary Research Issues


• 5: Oliver E. Williamson: Hierarchies, Markets, and Power in the Economy: An Economic Perspective


• 6: Masahiko Aoki: The Evolution of Organizational Conventions and Gains from Diversity


• 7: Bruce Greenwald and Joseph E. Stiglitz: Information, Finance, and Markets


• Part II: Knowledge, Organizations, and Technological Evolution


• 8: Robin Cowan, Paul A. David, and Dominique Foray: The Explicit Economics of Knowledge Codification and Tacitness


• 9: Daniel A. Levnithal: The Slow Pace of Rapid Technological Change: Gradualism and Punctuation in Technological Change


• 10: Steven Postrel and Richard P. Rumelt: Incentives, Routines, and Self-Command


• 11: Keith Pavitt: Technologies, Products, and Organization in the Innovating Firm: What Adam Smith Tells Us and Joseph Schumpeter Doesn't


• 12: Nathan Rosenberg: Economic Experiments


• 13: Paul A. David: Heroes, Herds, and Hysteresis in Technological History: Thomas Edison and 'The Battle of the Systems' Reconsidered


• 14: Sidney G. Winter: Patents and Welfare in an Evolutionary Model


• 15: Alfred D. Chandler Jr.: Corporate Strategy, Structure, and Control Methods in the United States During the 20th Century

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