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Evolutionary and Neo-Schumpeterian Approaches to Economics : Recent Economic Thought - Lars Magnusson

Evolutionary and Neo-Schumpeterian Approaches to Economics

Recent Economic Thought

By: Lars Magnusson (Editor)

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Published: 31st March 1994
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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).

The Neo-Schumpeterian and Evolutionary Approach to Economics - An Introductionp. 1
Evolutionary Theoryp. 9
What is Evolutionary Economics?p. 11
The Unit that Evolves: Linking Self-Reproduction and Self-Interestp. 49
On the Nature of Economic Evolution: John R. Commons and the Metaphor of Artificial Selectionp. 65
Neo-Schumpeterian Dynamicsp. 123
The Phenomenon of Economic Change: Neoclassical vs. Schumpeterian Approachesp. 125
The Theory of the Firm and the Theory of Economic Growthp. 173
Evolutionary Regimes and Industrial Dynamicsp. 203
The Role of Firm Difference in an Evolutionary Theory of Technical Advancep. 231
Critique and New Challengesp. 243
The Integration of Theory and History: Methodology and Ideology in Schumpeter's Economicsp. 245
Neo-Schumpeterians and Economic Theoryp. 265
Rethinking Economics: From GNP Growth to Ecological Sustainabilityp. 277
Innovations, Markets and Institutions: An Historical Approachp. 301
Contributing Authorsp. 321
Indexp. 323
Table of Contents provided by Blackwell. All Rights Reserved.

ISBN: 9780792393856
ISBN-10: 0792393856
Series: Recent Economic Thought
Audience: Professional
Format: Hardcover
Language: English
Number Of Pages: 326
Published: 31st March 1994
Publisher: Springer
Country of Publication: NL
Dimensions (cm): 23.5 x 15.5  x 2.54
Weight (kg): 1.44