How much credit can be given to entrepreneurship for the unprecedented innovation and growth of free-enterprise economies? In this book, some of the world's leading economists tackle this difficult and understudied question, and their responses shed new light on how free-market economies...

Investment in innovation in industrialized economies increasingly is taken over by large firms that operate their own R&D divisions and transform technological change into a routine bureaucratized process. Powerful competitive forces require firms to do this for survival. But such routinized...

In most introductory textbooks on principles of economics, discussion of the theory or practice of entrepreneurship is almost entirely absent. This omission is striking, given the important role in economic growth that economists assign to the entrepreneur. While there are plausible explanations...

Nous rendons hommage aux contributions d’Anne P. Carter à l’analyse économique. Les modèles économiques standards, y compris les modèles input-output, considèrent la technologie comme donnée et ne s’interrogent pas sur la coexistence de différentes structures technologiques...

This book is a collection of original articles that view the current state of knowledge about the convergence hypothesis.

[fre] L'analyse montre une correspondance étroite entre le nombre élevé d'équilibres dans un modèle d'échange statique avec économies d'échelles et celui d'un modèle linéaire dans lequel la productivité d'un pays partenaire à l'échange augmente par rapport à celle de son...

[eng] An illustrative disequilibrium model of productivity growth is used to show that neither bounded rationality nor disequilibrium at the micro level is necessary for the economy as a whole to be in a continuing state of disequilibrium. The model shows how the interac­tion of productivity...

The decomposition procedure for the solution of large scale linear programs is described in an elementary manner with illustrative calculations. Its economic interpretation as a procedure for decentralized decision by the multi-division firm or the multi-sector economy is explained in detail....