This volume is devoted to innovation with a special focus on its two sides, namely creation and destruction, and on its role in the evolution of capitalist economies. The first part of the book looks at innovation and its effects on economic performance, addressing issues of motives, behavioral...

This book provides a historical overview of Chinese economic reform over the past 30 years. From the genesis of the reform to the gradual improvement of the market system, and then to the re-start of the critical stage of the reform, this book includes not only research on the reform process,...

This book's thirteen contributions bring together the results of recent research on determinants of regional specialization, growth, and convergence in the context of European integration. They offer fresh theoretical and empirical evidence on patterns of regional production structures,...

Musikrezeption -- Der Musiker im Spannungsfeld zwischen Begabungsideal, Berufsbild und Berufspraxis im digitalen Zeitalter -- Lebensstil und Musikgeschmack -- Musikrezeption aus der Sicht der Musikwirkungsforschung -- Live-Veranstaltungen von populärer Musik und ihre Rezeption -- Neue...

This book presents a new computational approach to solving large-scale Auerbach-Kotlikoff Overlapping Generations (OLG) models in a complementarity format. Unlike with integrated solution methods, the proposed decomposition algorithm allows for the solution of multi-regional and multi-sectoral...

Characteristics of the Digital Economy -- Digitalization -- Economic Theory -- Theoretical Foundations -- Networks in a Fragmentation Model -- IT Services in a General Equilibrium Macro-Model -- Model: Entry of a Digital Goods Producer -- Comparison of the Models -- Economic Policy -- General...