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comprehensive economic theory encompassing industry, the public sector and financial markets …
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This paper advances a dynamic rationale for competitiveness policy that focuses on an economy's ability to evolve in order to achieve high real incomes along with desired qualitative changes in the socio-economic system. It highlights that the ubiquitous 'rationalities of failure,' either of...
Persistent link: https://www.econbiz.de/10014321507
This paper advances a dynamic rationale for competitiveness policy that focuses on an economy's ability to evolve in order to achieve high real incomes along with desired qualitative changes in the socio-economic system. It highlights that the ubiquitous rationalities of failure, either of...
Persistent link: https://www.econbiz.de/10014343953
This article argues that the predominant interpretations of Schumpeter in competition law and economics are inaccurate …. The aim of the article is to qualify some of the ossified narratives around Schumpeter’s legacy. To identify these … misinterpretations, the article first provides an overview of the concept of creative destruction and Schumpeter’s account of …
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