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The Evolution of the Literature on Technological Change over time: A Survey
Conte, Andrea - 2006
This paper reviews the emergence and evolution of major topics in economics of innovation. Throughout the paper … growth, and the way in which economics literature has dealt with this issue over time. The structure of this survey … distinguishes between different decades and it identifies the key debates in the economics literature in each period. Although …
Persistent link: https://www.econbiz.de/10010263572
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Agent-based modelling : a methodology for the analysis of qualitative development processes
Pyka, Andreas; Grebel, Thomas - 2003
The tremendous development of an easy access to computational power within the last 30 years has led to the widespread use of numerical approaches in almost all scientific disciplines. The first generation of simulation models was rather focused on stylized empirical phenomena. With agent-based...
Persistent link: https://www.econbiz.de/10010263008
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Optimal Diversity in Investments with Recombinant Innovation
van den Bergh, Jeroen C.J.M.; Zeppini-Rossi, Paolo - 2008
We address the notion of dynamic, endogenous diversity and its role in theories of investment and technological innovation. We develop a formal model of an innovation arising from the combination of two existing modules with the objective to optimize the net benefits of diversity. The model...
Persistent link: https://www.econbiz.de/10010325999
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Evolution and complexity in economics revisited
Dopfer, Kurt - 2011
The paper discusses recent trends in the sister sciences of evolutionary economics and complexity economics. It … suggests that a unifying approach that marries the two strands is needed when reconstructing economics as a science capable of …
Persistent link: https://www.econbiz.de/10010286737
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State and future of the 'citadel' and of the heterodoxies in economics: challenges and dangers, convergences and cooperation
Elsner, Wolfram - In: European Journal of Economics and Economic Policies: … 10 (2013) 3, pp. 286-298
left the mainstream largely unswayed, but have rendered economics an even more contested area. The ideological function of …
Persistent link: https://www.econbiz.de/10014363184
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Generalized barriers to entry and economic development
Saviotti, Paolo; Pyka, Andreas - 2009
In this paper we are going to analyze the dynamics of barriers to entry at the international level. In our model economic development takes place and continues in the long run due to the emergence of new sectors, which can compensate for the diminishing ability of mature sectors to create...
Persistent link: https://www.econbiz.de/10010298845
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Long-Run Growth and the Evolution of Technological Knowledge
Hakenes, Hendrik; Irmen, Andreas - 2007
The long-run evolution of per-capita income exhibits a structural break often associated with the Industrial Revolution. We follow Mokyr (2002) and embed the idea that this structural break reflects a regime switch in the evolution of technological knowledge into a dynamic framework, using Airy...
Persistent link: https://www.econbiz.de/10011422148
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The autocatalytic character of the growth of production knowledge: What role does human labor play?
Brenner, Thomas; Cordes, Christian - 2004
This paper analyzes how the qualitative change in human labor occurs in mutual dependence with the advancement of the epistemic base of technology. Historically, a recurrent pattern can be identified: humans learned to successively transfer labor qualities to machines. The subsequent release of...
Persistent link: https://www.econbiz.de/10010327342
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An evolutionary model of international competition and growth
Castaldi, Carolina - 2002
The paper attempts to interpret a few stylized facts of international economic growth by means of an open economy evolutionary model. The idea is that growth models that incorporate a richer representation of the properties and effects of technological change can give a better explanation of the...
Persistent link: https://www.econbiz.de/10010328390
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What drives the network’s growth? An agent-based study of the payment card market
Alexandrova-Kabadjova, Biliana; Negrín, José Luis - 2009
This paper investigates the impact on the network growth of the level of merchant discount, the level of Multilateral Interchange Fee (MIF), and the consumers' and the merchants' awareness of positive network effects. In an artificial market, in which issuers and acquirers belong to the same...
Persistent link: https://www.econbiz.de/10011605189