In “An incomplete review of research in technical innovation” (TLE, June 2000), German Curá and I reviewed research in the discipline of technical innovation. This article and others to follow will offer a few lessons that can be drawn from this research. The reader is warned that these lessons are my opinions only and are not based on systematic, exhaustive inquiry.

Lesson No. 1: These should be the best of times.

“It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the...

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