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This book analyzes a range of social contexts in which human decisions shape technology in the market economy. It comprises a critical review of both a select research literature and in-depth historical studies. Material is drawn from many social science disciplines to inform the reader of the reality of taking decisions on innovation.The chapters cover: The social context for individual acts of creative insightThe development of the technology-market relationshipThe management of R&D and technological standardsTechnological competitionThe role of institutions of finance in innovationThe reciprocal relationship between intellectual property law and technological innovationThe role of technological skills and regimes of technological education in innovationAn introduction to the role of the state in maintaining the innovative capacity of the private sector