| Evolutionary and Neo-Schumpeterian Approaches to Economics 1994 Edition Contributor(s): Magnusson, Lars (Editor) |
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ISBN: 0792393856 ISBN-13: 9780792393856 Publisher: Springer OUR PRICE: $161.49 Product Type: Hardcover - Other Formats Published: March 1994 Annotation: 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. |
| Additional Information |
| BISAC Categories: - Business & Economics | Economics - Theory - Business & Economics | Economic History - Business & Economics | Industries - General |
| Dewey: 330.1 |
| LCCN: 93005059 |
| Series: Communications and Information Theory |
| Physical Information: 0.95" H x 6.62" W x 9.6" (1.47 lbs) 326 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: not gentle to the capitalists" (Schumpeter, 1991). Thus, by instead portraying the conflict between entreprenuerial activity and the sociology of the modern state, he came quite close to the analysis carried out by Thorstein Veblen some decades earlier, who emphasized the conflict between p- gressive technology and the institutions of a contemporary "predatory dynastic State of early modern times, superficially altered by a suffusion of democratic and parliamentary institutions" (Veblen, 1964, p. 398). Modern neo-Schumpeterian approaches have continued to build on this groundwork provided by their master. During recent years there has been a great upsurge of discussion on technology, innovations, technological regimes, etc. from the dynamic perspective provided by Schumpeter (Dosi, 1984, Rosegger, 1985; Dosi et al., 1988). Thus the search process for (t- poral) extra profits has been stressed and has been used for modelling attempts. The wider institutional framework for technological change and innovation activity has also been strongly developed more recently. Hence emphasis has grown in the study of technological and industrial regimes, path dependency, and the network approach, developed recently, that social relationships structure the opportunities and constraints that face firms and agents that, for example, carry out innovations (Snehota, 1990). |