Recent conceptualizations of trends in the structure of U.S. industry have focused on the relative importance of markets, hierarchies, and hybrid intermediate forms. This paper seeks to advance the discussion by distinguishing three ideal-typical forms of organization and their corresponding key...

Social network analysis and graph theoretical elements are incorporated into the Austrian Capital Theory in order to better reflect its core concepts. Graph theory is applied to formalize the heterogeneity of capital and the production process as a network or ecology of firms. The main result of...

Moderne Gesellschaften sind durch ein hohes Maß an Wissensteilung geprägt. Informationsflüsse sind die Lebensadern solcher Gesellschaften; sie sorgen dafür, daß von Spezialisten gewonnene Erkenntnisse an andere Individuen weitergegeben und nutzbar gemacht werden können. Informationsflüsse...

Moderne Gesellschaften sind durch ein hohes Maß an Wissensteilung geprägt. Informationsflüsse sind die Lebensadern solcher Gesellschaften; sie sorgen dafür, daß von Spezialisten gewonnene Erkenntnisse an andere Individuen weitergegeben und nutzbar gemacht werden können. Informationsflüsse...

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 author discussed assumptions of Schumpeter's theory in three subsections: “Long waves”...

The aim of the paper is twofold. First, we try to fill a theoretical gap inevolutionary economics by developing some key elements of an evolutionary theory of social stratification that explicitly link the generation of technological and institutional novelty to the structural evolution of...

‘The knowledge economy' is sometimes used as an analytical term, sometimes as a scenario. As an analytical term, the concept allows theoretical integration of observations made in various research areas, e.g. business strategy, innovation, HRM, education, labour market, information technology,...