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This article sheds light on the impact of Schumpeter’s Theory of Economic Development over the last 100 years, and identifies insights from that work that are less well-known, but that have the potential for informing current developments in evolutionary economics. We identify these insights...
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This paper pursues a research agenda inspired by Richard Nelson and Sidney Winter’s Evolutionary Theory of Economic Change (1982). This seminal work applied the Darwinian concepts of variation, replication and selection to the evolution of firms. It proposed a level of evolution, replication...
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