This review examines the literature on the role of infrastructure in determining the productivity and competitiveness … of firms. It shows that the existing evidence base is clear in concluding that reliable and high-quality infrastructure …, water, and telecommunications systems increases firm-level productivity. It also shows that providing infrastructure per se …

Schumpeter but also includes modern insights of economic theory in regard to cognitive economics and innovation economics. Next …In this paper, an evolutionary theory of market competition is developed. It is rooted in concepts of Smith, Hayek and … to conceptual and methodological differences, the theory diverges from standard theory by highlighting the meaning and …