This field includes research about three main areas. First, micro-determinants of innovation and change, focusing on learning processes and capabilities, as well as on incentives to innovation and contracts. Second, innovation and industrial dynamics, focusing on the effects of technical change on industry structure, patterns of entry and exit, firms' survival. Third, science, technology and innovation policies, which refers to Science & Technology dynamics, university-industry links (e.g. role of TTOs), academic entrepreneurship (e.g. spin offs vs University patenting), industry dynamics (e.g. link biotech and big pharma), evolution of scientific fields (e.g. vaccinology, anti-HIV vaccine).

Innovation covers areas such as knowledge and innovation, new product development, operation and supply chain management. Special attention is paid to the role of demand within innovation processes, according to a twofold perspective. The first level of analysis is the organizational-level, focusing on the role of networks, markets for technology, and communities and, more broadly, on customer involvement in new product development and open innovation processes. The implications of open innovation processes on Intellectual Property Rights management is also considered. The second level of analysis is the technological-level, for instance exploring how to design interfaces for interaction.