Technology and innovation are fundamental to economic success and the struggle for markets in an increasingly competitive world. This study draws together research in the fields of technology, innovation and competitiveness from some leading academics. International in its approach, this study contains a range of topics, including the globalization of research and technology and the effect of this on the product cycle, financial domination in the global economy and its consequences for structural competitiveness, European pooling of technology and science, and the environment of entrepreneurship. Additionally, it has places a strong emphasis on the policy implications of technological, industrial and economic developments.