• What are the institutional underpinnings for different organizational forms?
• How are different industrial structures and institutions related to innovation patterns and economic performance?

The journal hence adds to a “new generation of industrial organization theory”, drawing upon the institutional turn within economics in a broad sense: transaction cost economics; economics of organization; and new economic sociology.

Industry and Innovation dedicates special attention to depicting tendencies in industrial dynamics, such as the emergence of new industries; restructuring of existing industries; rise of new institutional and organizational forms; globalization; and other aspects of geographical organization. Empirical studies include:

• Performance differences among and within industries
• The increasing incidence of particular organizational forms in industries; such as clusters; networks; inter-firm projects; and online communities
• The dynamics of vertical integration and disintegration, modularity, systems integration, and “open innovation”
• The impact upon economic performance of institutions such as property right regimes; open source, industrial/science/regional policies; and social capital/social conventions/trust
• The growth of new consumer industries; for example, Cultural Industries such as film, music, computer games, and the interplay between these industries and “old” industries
• The growth of new service industries, such as Knowledge-Intensive Business Services and design
• The restructuring; globalization; or decline of “old” industries

• Innovation strategy implications and new trends in innovation policies

Peer Review Policy: