Becker, Markus C.; Knudsen, Thorbjørn; March, James G. - In: Industrial and Corporate Change 15 (2006) 2, pp. 353-371
This article examines what Joseph Schumpeter said on the emergence of novelty in economic institutions, what Sidney Winter did to build on and deviate from that foundation, and what puzzles remain. Winter built a framework for answers to a puzzle that Schumpeter could not solve--how novelty...