This paper presents a somewhat novel theory of innovation in the economy wide setting. The starting point for this theory is the creative destruction process at the firm and industry level. However, an extension to an economy wide setting requires the explicit theorization of the role of the...

The paper presents the analysis of recent developments of Schumpeterian theory of entrepreneurship and innovation in light of evolutionary economics.

This paper is devoted to the analysis of evolution of innovation concepts, aspect and types. First emergence and evolution of different aspects and concepts of innovation are analysed, then the development of innovation concepts from a historical perspective and finally an overview given of...

Institutional changes in the economy have been the research subject of many economists, the majority of studies are carried out within neoinstitutionalism. In this paper the author attempts to analyze current institutional changes in terms of the old or traditional institutionalism. The author...

The purpose of this paper is to provide a broad overview of the field of innovation studies. We focus on the the economics and sociology of innovation, which we can define as the study of the dynamic processes of generation, development, adoption ad diffusion of innovations in the economic and...

When advising policy we face the fundamental problem that economic processes are connected with uncertainty and thus policy can err. In this paper we show how the use of simulation models can reduce policy errors. We suggest that policy is best based on so-called abductive simulation models,...

À l’origine de cette thèse se trouve la question suivante : « Qu’est-ce qui rend possible et justifie que les licenciements économiques soient de plus en plus nombreux dans les entreprises en bonne santé ? » Autrement dit : « en quoi les décisions de licenciement sont-elles des...

This article is an attempt to show that China's post-socialist transformation involved a change in its growth regime. Indeed, during the Maoist era, it took the form of a "forced growth" as theorized by Kornai (1972). In addition, "export aversion" was one of the main characteristics of Chinese...

This paper shows how economic theory and history can be matched with the use of heterodox theories. This matching between history and economics is needed for a better comprehension of reality. Cliometrics, regulationism, institutional economics are some of the tentative approaches that have been...

Without necessarily reduce it to a single cause, this article lays stress on the cultural foundations of the Chinese postsocialist transformation. The process began with what we call a «cultural shock» brought about the opening of the country and took the form of an ideological aggiornamento....