This book will interest scholars and graduate students of innovation and industrial evolution, from diverse backgrounds such as economics, history and management, and also practitioners of business strategy and economic policy. It offers a new methodology for studying the complex dynamics of innovation, competition and industrial evolution.Advance praise: ´The co-authors of this volume are pioneers in the development of ´history-friendly models´ of the evolution of knowledge-intensive industries. This book extends and elaborates that work, enriching our understanding of the development of the computer, semiconductor, and pharmaceuticals industries. The volume is a major contribution to economics, strategy, and policy.´ David C. Mowery, William A. and Betty H. Hasler Professor of New Enterprise, Emeritus, University of California, Berkeley