I Schumpeter in our Time -- Schumpeter and the Economic Problems of Today -- II Entrepreneurship -- Schumpeter’s Entrepreneur in Modem Economic Theory -- Is Entrepreneurship Obsolescent? -- Must Monopoly Power Accompany Innovation? -- III Cycles and Crises -- What to do About Business Cycles?...

This paper deals with a conceptual framework allowing the analysis of long-run qualitative change in the energy system. The energy sector seems to be particularly appropriate for the analysis of qualitative change due to the following reasons: The energy sector is relevant for the development of...

Empirical research in organizational ecology has mainly focused on analyzing founding and mortality rates using life history data of the organizations. We try to extend this approach in our study in a number of ways. In contrast to most empirical studies in organizational ecology, we chose a...

In this paper we try to put together both the dynamics of the endogenous evolution of an industry and the corresponding dynamics on the capital market. The first module of our modelling efforts is the endogenous evolution of the industry based on the micro-behaviour of boundedly rational agents....