The papers here range from description and analysis of how our political economy allocates its inventive effort, to studies of the decision making process in specific industrial laboratories.
Originally published in 1962.
The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
Richard R. Nelson is George Blumenthal Emeritus Professor of International and Public Affairs, Business and Law at Colombia University, and heads the program on Science, Technology, and Global Development at the Columbia Earth Institute. He is a seminal figure in the revival of evolutionary economics, and is the co-author of An Evolutionary Theory of Economic Change with Sidney Winters.