Innovation and the Dynamics and Evolution of Industries:Progress and Challenges

The analysis of the relationship between innovation and the dynamics and evolution of industries has witnessed major progress in several areas. The main point of the paper is that in order to have a better and deeper view of this relationship, research has to progress on three fronts: the analysis of demand in terms of competent consumers and innovative users, the examination of the role of knowledge in terms of the knowledge base of industries and the study of the dynamics of collaborations in innovation and R&D networks.