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...

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...

The authors in this book regard the process of economic expansion as a non-homogeneous and multifaceted phenomenon which has deeply affected human welfare, and cultural, social and political change. The book is a bridge between the theorists (Rosenstein-Rodan, Lewis, Myrdal, and Hirschmann) who...

This comprehensive volume integrates pathbreaking and seminal scholarship from two interrelated fields - innovation and entrepreneurship - with the chapters providing a compelling link between the two. The editors seek to introduce and contextualize some of the most important research. Topics...

1. Introduction, themes and structure of the book -- 2. Foundations for growth -- 3. The growth experience -- 4. Structural change -- 5. Monetary, financial and fiscal aspects -- 6. Development indicators and welfare -- 7. Trade, trade policy and growth -- 8. International finance and growth --...

The theme of this extensive book is the relationship between consumption and growth in the context of the long run theory of effective demand. Taking Schumpeter's views on economic development as a starting point, the author proposes an original framework for the analysis of consumption patterns...