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Collecting together some of the author's most important publications, this volume begins by offering several advances in the analysis of organizational structures and learning, thereby contributing to an emerging knowledge-centred theory of the firm and to a related theory of production. A second group of papers addresses questions surrounding the workings of markets, the importance of their institutional architectures, their effectiveness as selection devices, and the evolutionary patterns of demand formation. A third set of chapters continues the exploration of the characteristics, drivers and performance outcomes of industrial evolution. The fourth part of the book is a reassessment of the role of history and path dependence in evolutionary processes. Finally, Part five addresses both the empirics and the modelling of the processes of growth and development nested into underlying changes in technologies, firms and institutions.