Recently, evolutionary theories of economic and technological change have attracted a considerable amount of attention which reflects the problems encountered by mainstream analysis of dynamic phenomena and quantitative change. This book develops the current debate and draws on the concepts of evolutionary biology, nonequilibrium thermodynamics, systems and organization theory. While recognizing that new technology is not the cause of quantitative change, the editors claim it should play a more central role in economic theory and policy. At the same time, the ground is laid for a more generalized concept of innovation and experimentation and their relation to routine activities. The book is intended for economists.
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The recent revival of interest in evolutionary theories of economic and technological change is at least partly due to the dissatisfaction with the way orthodox economics deals with processes of technological change in particular and with any type of change which transforms in a fundamental way the economic system. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
genotypic evolution, new basic process, high price markups, phenotypic equilibrium, irreversibility features, worst firm, phenotypic evolution, objective indeterminacy, purposeful behaviour, output variety, econometric methodology, utilisation rate, genotypic change, evolutionary economics, time series econometrics, orthodox economic theory, distinguishable elements Key Phrases - Capitalized Phrases (CAPs): (learn more)
New York, Economic Journal, Harvard University Press, American Economic Review, Journal of Political Economy, Maynard Smith, Department of Economics, Oxford University Press, Red Queen, University of Manchester, Quarterly Journal of Economics, Adam Smith, Columbia University Press, University of Sussex, Basil Blackwell, Frances Pinter, Manchester University, Milton Friedman, San Francisco, Biological Journal of the Linnean Society, Free Press, Journal of Economic Issues, Penguin Books, Principles of Economics, Species Type New!
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Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
The recent revival of interest in evolutionary theories of economic and technological change is at least partly due to the dissatisfaction with the way orthodox economics deals with processes of technological change in particular and with any type of change which transforms in a fundamental way the economic system. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
genotypic evolution, new basic process, high price markups, phenotypic equilibrium, irreversibility features, worst firm, phenotypic evolution, objective indeterminacy, purposeful behaviour, output variety, econometric methodology, utilisation rate, genotypic change, evolutionary economics, time series econometrics, orthodox economic theory, distinguishable elements Key Phrases - Capitalized Phrases (CAPs): (learn more)
New York, Economic Journal, Harvard University Press, American Economic Review, Journal of Political Economy, Maynard Smith, Department of Economics, Oxford University Press, Red Queen, University of Manchester, Quarterly Journal of Economics, Adam Smith, Columbia University Press, University of Sussex, Basil Blackwell, Frances Pinter, Manchester University, Milton Friedman, San Francisco, Biological Journal of the Linnean Society, Free Press, Journal of Economic Issues, Penguin Books, Principles of Economics, Species Type New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
Citations (learn more)
This book cites 100
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8
books
cite this book:
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- Technical Change and Economic Theory (Ifias Research Series, Number 6) by Giovanni Dosi on 8 pages
- An Evolutionary Theory of Economic Change (Belknap Press) by Richard R. Nelson on 6 pages
- Capitalism, Socialism, and Democracy by Joseph A. Schumpeter on 4 pages
- The Origin of Species by Charles Darwin on 4 pages
- Evolutionary Economics by Kenneth E. Boulding on page 27, page 87, and page 106
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- Towards a Competence Theory of the Firm (Routledge Studies in Business Organizations and Networks) by Nicolai J. Foss on page 95, and page 96
- Firms, Markets and Economic Change: A dynamic Theory of Business Institutions by Richard N. Langlois in Back Matter (1), and Back Matter (2)
- Entrepreneurship, Small and Medium-Sized Enterprises and the Macroeconomy by Zoltan J. Acs on page 76
- New Technology Policy and Social Innovations in the Firm by Jorge Niosi on page 36
- Internet, Economic Growth and Globalization: Perspectives on the New Economy in Europe, Japan and the USA by Claude E. Barfield on page 63
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