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Summary The paper demonstrates the compatibility between competition as a rivalry among firms and increasing returns resulting from innovative choice. The analysis offers the prospect of a general theory of economic evolution. It is carried out by means of a model, which makes it possible to...
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This book addresses the foundations of economic growth at the firm level, combining both theoretical and econometric contributions by established scholars. Challenging contributions revisit Marshall’s view on the management of innovation, investigate the decision of firms to venture into...
Persistent link: https://www.econbiz.de/10011181477
This paper proposes an analytical approach to growth modelling that focuses on the temporal and hence the organizational dimension of real production processes, rather than making use of a production function, which is a pure technical relationship. This approach takes advantage of the...
Persistent link: https://www.econbiz.de/10010776784
The paper demonstrates the compatibility between competition as a rivalry among firms and increasing returns resulting from innovative choice. The analysis offers the prospect of a general theory of economic evolution. It is carried out by means of a model, which makes it possible to exhibit the...
Persistent link: https://www.econbiz.de/10010907917
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This paper presents an out-of-equilibrium model to explain differences in the capacity to absorb new skill-biased technologies. The usual mainstream viewpoint focusing only on the role of labour markets will be re-examined in a context characterized by a sequential structure of both the...
Persistent link: https://www.econbiz.de/10010620188