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Evolutionary and Neo-Schumpeterian Approaches to Economics (Recent Economic Thought)
 
 
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Evolutionary and Neo-Schumpeterian Approaches to Economics (Recent Economic Thought) [Hardcover]

Lars Magnusson (Editor)

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Book Description

0792393856 978-0792393856 March 31, 1994 1
This volume presents the interrelationships and possible connecting threads between two recent attempts within economic theory to step out of the mainstream of conventional neoclassical wisdom: evolutionary and neo-Schumpeterian theory. Neo-Schumpeterian and evolutionary approaches to economics present a challenge to conventional neoclassical orthodoxy. They provide new insights into how markets function, how innovations are carried out, how technologies change, and how growth occurs in existing real economies. The two fields of theory and research in which these approaches have proven especially fruitful are the role of innovation for economic change and development and the theory of the firm. The wide range of topics dealt with in this volume provides further proof of the versatility and fruitfulness of these approaches.

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Inside This Book (learn more)
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
evolutionary economics, biological analogies, unit that evolves, natural selection metaphor, brute process, experimentally organized economy, cumulativeness conditions, valuational standpoints, high cumulativeness, high appropriability, systemic causality, innovative entry, systemic boundaries, network interconnectivities, nomic evolution, new innovators, appropriability conditions, technological regimes
Key Phrases - Capitalized Phrases (CAPs): (learn more)
New York, Cambridge University Press, Harvard University Press, Schumpeter Society, American Economic Review, Kyoto Conference of the International Joseph, Journal of Economic Issues, Adam Smith, United States, University of Chicago Press, The Theory of Economic Development, Schumpeter Mark, Applications of Schumpeter's Ideas, Research Policy, University of Michigan Press, Ann Arbor, Western Europe, Business Cycles, Thorstein Veblen, Schumpeterian Economics, Economic History, Alfred Marshall, Journal of Political Economy, Structural Changes, The Free Press
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Front Cover | Table of Contents | First Pages | Index | Surprise Me!
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