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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...
Persistent link: https://www.econbiz.de/10014473825
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...
Persistent link: https://www.econbiz.de/10014473878
Thorstein Veblen has made an immeasurable impact on the development of economics. His legacy has been to challenge orthodox thinking and inspire the institutionalist and evolutionary school of thought. In this book, a distinguished group of contributors analyses the impact, a century later, of...
Persistent link: https://www.econbiz.de/10014473883
Rethinking Economics is a major contribution to the reconstruction of an economic theory appropriate to the 21st … theoretical tools such as general equilibrium theory are now regarded, even by their leading practitioners, as highly limited and … problematic. New ideas from chaos theory, evolutionary modelling and institutional theory point to new, non …
Persistent link: https://www.econbiz.de/10014473929
The evolutionary approach to economics can be traced back as far as the eighteenth and nineteenth centuries in the work of Darwin, Smith and Malthus. These ideas have gradually developed since that time through Marx, Veblen and Marshall, and have recently experienced considerable attention. This...
Persistent link: https://www.econbiz.de/10014473976
microfoundations of path dependency, path dependency in industrial networks, path dependence and the theory of the firm, lock …-institutional perspectives on the theory of the firm. The empirical part focuses on institutional change in the communications and transport …
Persistent link: https://www.econbiz.de/10014473982
Giovanni Dosi is recognized as one of the world's leading scholars in industrial economics and corporate change. This volume contains a selection of his most important work and provides an excellent overview of the contribution he has made to the economics of innovation and technical change. Key...
Persistent link: https://www.econbiz.de/10014473987
involved in the economics of innovation, be it in theory, policy or practice …
Persistent link: https://www.econbiz.de/10014474047
Change manifests itself in all facets of the economy. This important collection of previously published essays illustrates how the evolutionary approach can reveal not only where change comes from, and how it happens, but also where it will lead. The Evolving Economy covers a broad spectrum of...
Persistent link: https://www.econbiz.de/10014474116
theory of economic policy which will plug the gaps and rectify the errors (such as approval of socialist planning and …
Persistent link: https://www.econbiz.de/10014474141