The rise of the institutionalist and evolutionary approaches in economics has posed a serious intellectual challenge to the dominant neo-classical paradigm. This book draws together leading scholars in the fields of institutional and evolutionary economics who apply cutting-edge research to one...

This important book analyses evolutionary approaches to economic policy. Its main purpose is to explore the policy implications of evolutionary economics, in particular of approaches inspired on the one hand by Schumpeter and revived by Nelson and Winter which deal with industrial evolution...

This book presents a concept of interactive economic institutions and systems, considered by the author to be a bottleneck to scientific progress. In the author's evaluation of contemporary institutional economics, the focus is on the interaction of complex economic structures in terms of their...

This judicious selection of recent essays demonstrates the applicability of the fundamental principles of neo-Schumpeterian economics, namely, innovation and uncertainty. The authors demonstrate how neo-Schumpeterian economics is developing into a comprehensive economic theory encompassing...

Against the backdrop of the financial crisis that unfolded in 2008, this book deals with policy challenges going forward, focusing in particular on the ongoing catching-up process in Central, Eastern and South-Eastern European countries

Recommended readings (Machine generated): Veblen, T. (1898), "Why is Economics Not an Evolutionary Science?" Quarterly Journal of Economics, -- Marshall, A. (1961[1890]), Principles of Economics, London: Macmillan -- Hodgson, G.M. (1993), Economics and Evolution: Bringing Life Back into...

1. Innovation, entrepreneurship and culture, a matter of interaction between technology, progress and economic growth? : an introduction -- 2. Conceptualizing innovation management and culture in the Hong Kong Special Administrative Region (HKSAR) : an exploratory study of organization-specific...

Drawing upon evolutionary economics and resource-based approaches, the author utilises US patent data from 1930-1990 to examine the persistence of corporate technological competencies and their gradual erosion through diversifying incremental change. The book explores the changing nature of this...

Since the 1980s there has been a renewed interest in attempts to introduce a sense of history into economic literature. In this book, the authors argue that it is not possible to explain a state of the world without first analysing the processes that lead to that state. The contributions...

Firm Size, Innovation and Market Structure uses evolutionary dynamic theory, non-linear mathematics and computer simulation techniques to explore the relationship between firm size, innovation and market structure. The book begins by reviewing the connection between these variables from a...