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The paper discusses the relationship between Arthur Spiethoff and Joseph A. Schumpeter, the men and their works. Had it … not been for Spiethoff Schumpeter would in all probability have forever been lost to scientific work. It was Spiethoff who … Schumpeter's are pointed out. The view of Spiethoff and Schumpeter that cycles are endogenous and cannot possibly be eliminated …
Persistent link: https://www.econbiz.de/10008596371
Since Lėon Walras neoclassical economists hold an inalterable belief in a unique and stable equilibrium for the economic system, which remains to this day unobservable. Yet that belief is the corner stone of other theories such as the ‘Efficient Market Hypothesis’ as well as the philosophy...
Persistent link: https://www.econbiz.de/10011111254
exogenous technological change but by repeatedly leapfrogging their competitors through product and process innovation. This … shifts the focus from the mechanical production process to the collaborative innovation process, which requires social …
Persistent link: https://www.econbiz.de/10005619285
Schumpeter’s idea that innovations can be described as new combinations often is understood as a mere metaphor and … proper understanding of these issues would not only enhance our knowledge about observed innovation processes in economic …
Persistent link: https://www.econbiz.de/10008805477
innovation and market structure. The entrepreneur represented by Schumpeter's is strongly creative and innovative to condition to …
Persistent link: https://www.econbiz.de/10009370827
Schumpeter’s definition): from interaction between consumers and firms innovation emerges as a relational good. … techniques in social science and economics as a way to investigate complexity. The model investigates the dynamics of a …
Persistent link: https://www.econbiz.de/10005787108
capitalism. One is already published (The Bourgeois Virtues: Ethics for an Age of Commerce 2006), and this is volume 2. Volume 3 … innovation after 1848; and volume 6 asks which of the present-day complaints about free-market economies has merit. Since the … that innovation has destroyed the environment. Both left and right are suspicious of the modern world, often for the same …
Persistent link: https://www.econbiz.de/10008528732
This paper investigates the time-varying correlation between the EU12-wide business cycle and the initial EU12 member-countries based on Scalar-BEKK and multivariate Riskmetrics model frameworks for the period 1980-2012. The paper provides evidence that changes in the business cycle...
Persistent link: https://www.econbiz.de/10012910120
This paper examines the spatial interaction of neighboring cities over their employment cycles. The cycles of neighboring cities tend to be more similar to one another than are those of non-neighboring cities, although this is due primarily to neighbors' tendency to be in the same state. In...
Persistent link: https://www.econbiz.de/10013126966
The paper, mostly empirical in nature, investigates issues on cross-national new information and communication technologies (ICTs) adoption patterns and growth directions. In the period of 2000-2010, a great number of countries underwent substantial changes on the field of ICTs implementation....
Persistent link: https://www.econbiz.de/10014147305