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.