Presents the evolutionary perspective of the economy as perpetually moving, driven by innovation, and the empirical research this has guided.

Richard R. Nelson is Professor Emeritus at Columbia University. He served as a research economist and analyst at the Rand Corporation and the US President's Council of Economic Advisors. His most cited publications include his book with Sidney Winter, An Evolutionary Theory of Economic Change (1982), The Moon and the Ghetto (1977), and National Innovation Systems (1993). He has received the Honda Prize, the Tinbergen Award, the Leontief Award, and the Veblen-Commons award for his research, and has been awarded an honorary degree by several universities.

1. Economics from an evolutionary perspective Richard Nelson; 2. Technological advance as an evolutionary process Giovanni Dosi and Richard Nelson; 3. The behavior and capability of firms Constance Helfat; 4. Schumpeterian competition and industrial dynamics Andreas Pyka and Richard Nelson; 5. Evolutionary perspectives on long run economic development Andreas Pyka, Pier Paolo Saviotti and Richard Nelson; 6. Economic catch-up by latecomers as an evolutionary process Keun Lee and Franco Malerba; 7. The evolution of evolutionary economics Kurt Dopfer and Richard Nelson.