ENGLISH

Evolutionary and Neo-Schumpeterian Approaches to Economics

By Lars Magnusson

Book information

Publisher
Springer
Year
1994
ISBN
0792393856, 9780792393856, 9780585351551
LCC
HB97.3 .E92 1994
Open Library ID
OL1397541M
Language
english
Format
PDF
Filesize
17 MB (18291694 bytes)
Series
Recent Economic Thought
Edition
1
Pages
323\323
Topic
Economy
Library
avaxhome.ws
Time added
2010-05-31 15:29:46

Description

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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