Endogenous innovation : the economics of an emergent system property Tackling innovation as an endogenous process this groundbreaking new book builds upon the Schumpeterian creative response by implementing the tools of complexity economics. This reappraisal of the Schumpeterian legacy allows the author to apply complexity economics to endogenous knowledge externalities and consequently to move away from the Darwinistic and biological accounts of evolutionary economics. This approach proves that firms in out of equilibrium conditions try to react by means of introducing innovations. The success of this reaction is contingent upon access conditions to knowledge externalities. Cristiano Antonelli demonstrates that the consequent introduction of innovations may in turn knock firms further out of equilibrium and cause positive changes in the systems properties that feed the introduction of further innovations. In addition this can engender the decline of the systems properties and push firms to adaptive responses that drive the system towards an equilibrium without growth and change. This path dependent loop of interactions between the system properties and the individual actions of firms is central to this book. Paving the way to a new phase of evolutionary economics the books prime readership will be students and scholars who study and teach evolutionary economics the economics of innovation and or the economics of growth Contents: Part I Endogeneous innovation as a creative response. A reappraisal of the Schumpeterian legacy 1. Standing on giants shoulders 2. Innovation as a creative response 3. Towards an evolutionary complexity of endogenous innovation 4. Innovation as an emergent system property Part II New frontiers in the economics of knowledge. The appropriability trade off reconsidered 5. A birds view of the economics of knowledge 6. The derived demand for knowledge 7. The knowledge appropriability trade off 8. Digital knowledge generation and the appropriability trade off 9. Knowledge governance pecuniary knowledge externalities and total factor productivity growth 10. A new framework of innovation and knowledge policy Part III Endogenous knowledge and technological congruence 11. Technological congruence and the economic complexity of technological change 12. A Schumpeterian approach to endogenous specialization in international trade 13. Schumpeterian growth: the creative response to diachronic knowledge externalities 14. References Index.