This article is based upon a review of the recent book edited by C. Edquist. This book presents different articles that have the development of the Systems of Innovation Approach as a common objective. This multidisciplinary approach proposes new foundations in order to build a global theory of...

Commentators have poured forth a loud and sustained outcry over the past few years that sees property rule treatment of intellectual property (IP) as a cause of excessive transaction costs, thickets, anticommons, hold-ups, hold-outs, and trolls, which unduly tax and retard innovation,...

Dieser Aufsatz untersucht die wirtschafts- und unternehmensethischen Arbeiten von William Baumol und rekonstruiert seine ökonomische Erklärung für die spektakulären Wachstumserfolge westlicher Marktwirtschaften.

Ever since the dire predictions of The Limits to Growth (Meadows & al. 1972) failed to come true on time, it's been all too easy to ridicule environmentally-based arguments against economic growth as pessimistic and "Malthusian." In contrast, this paper accepts, for the sake of argument, the...

Epistemic arguments play a significant role in Hayek’s defense of market liberalism. Hisclaim that market competition is a discovery procedure that serves the common good is acase in point. The hypothesis of the markets’ efficient use of existing knowledge issupplemented by the idea that...

Epistemic arguments play a significant role in Hayek's defense of market liberalism. His claim that market competition is a discovery procedure that serves the common good is a case in point. The hypothesis of the markets' efficient use of existing knowledge is supplemented by the idea that...

The conventional version of Austrian business cycle theory focuses on a temporary imbalance between natural and monetary rates of interest. When, because of the role of monetary authorities in defining the monetary rate, the two values are in a situation of imbalance, the resulting expansion...

Schumpeter’s growth theory (based on innovations, entrepreneurs, long waves and “creative destruction”) seems to be most adequate to discuss principles of the Knowledge Based Economy. In the paper, the author discussed the assumptions of Schumpeter’s theory in three subsections: “Long...

During the last two decades we have seen a revival of interest in the works of Joseph Schumpeter and “evolutionary” ideas in economics more generally. A professional society honouring Schumpeter's name has been founded, and linked to it we have had for more than fifteen years now a...

I denna uppsats visas att Dahmén redan 1939 hade kommit fram till den grundläggande transformationsteoretiska syn han redovisade i sin licentiat avhandling av 1942. I en djuplodande analys av felinvesteringarnas roll i långsiktiga utvecklingsförlopp grundlade Dahmén 1939 för det...