John Rae has recently been rediscovered as a precursor of the endogenous growth theory. This study argues that Rae needs to be rediscovered a second time for his original contribution to clarify the role of the innovation and technical change within the economic systems. The aim of this paper is...

This paper presents the origins of the Economics of innovation describing the economic thought of the economists in the Eighteenth and Nineteenth centuries. In this period and in particular during the Industrial Revolution the economists argue the main effects of inventions and machines for...

Nowadays the innovation is one of the most important determinant for increasing the wealth of the nations. The patterns of technological innovation are studied by Economics of innovation. The aim of this paper is to prove that the origins of the Economics of innovation go back to many years...

This study suggests that the origins of the economics of technical change go back to many years before Schumpeter’s contributions. The Scottish philosopher John Rae with his book Statement of Some New Principles on the Subject of Political Economy, issued in 1834, put forward the basis of the...

Joseph Schumpeter est un des derniers intellectuels a avoir eu une vision encyclopédique de l’économie et des sciences sociales. Il a développé une explication des cycles basé sur une théorie de l’innovation, de la « destruction créatrice » et des entrepreneurs qui cherchent à se...