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There are times of profound structural change and times of uncertainty as new forms of organization and market behaviour emerge to replace and reshape older forms. Nowhere is this uncertainty more felt than in industrial organization theory. The aim of this book is to review and present some of the new approaches developed in industrial organization and material contained is organized into four sections: recent approaches to industrial organizations, the behaviour of individual firms and the characteristics of industrial systems as a whole, new theories of the firm and market structures and technical progress and market structure.