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evolution. From an economic point of view Schumpeter and Marshall, geared to the level of a single firm, are of great importance … competition. So, after the exposition of Schumpeter and Marshall on discontinous and gradual economic development, a concept of … population thinking in biology. In enlarging the Schumpeter-Marshall model finally an evolutionary theory of innovation activity …
Persistent link: https://www.econbiz.de/10005392598
This paper provides an introduction to the field of evolutionary economics with emphasis on the evolutionary theory of household behavior. It shows that the goal of evolutionary economics is to improve upon neoclassical economics by incorporating more realistic and empirically grounded...
Persistent link: https://www.econbiz.de/10010390070
This paper provides an introduction to the field of evolutionary economics with emphasis on the evolutionary theory of household behavior. It shows that the goal of evolutionary economics is to improve upon neoclassical economics by incorporating more realistic and empirically grounded...
Persistent link: https://www.econbiz.de/10010390395
, calculating and creative favoring a transformation. The neo-Schumpeterians follow Schumpeter by largely ignoring the importance of … negative driving forces for innovations and the productivity performance of firms. In the neoclassical Schumpeterian literature … stronger competition and also lower product demand may induce innovations and productivity increases in established firm. But …
Persistent link: https://www.econbiz.de/10010611633
This paper provides an introduction to the field of evolutionary economics with emphasis on the evolutionary theory of household behavior. It shows that the goal of evolutionary economics is to improve upon neoclassical economics by incorporating more realistic and empirically grounded...
Persistent link: https://www.econbiz.de/10011421455
This paper provides an introduction to the field of evolutionary economics with emphasis on the evolutionary theory of household behavior. It shows that the goal of evolutionary economics is to improve upon neoclassical economics by incorporating more realistic and empirically grounded...
Persistent link: https://www.econbiz.de/10010398499
This paper proposes to identify the micro-level sources for the dynamic increasing returns occurring at an aggregate level. The paper reverts to a micro model of technological change in-line with the evolutionary literature on industrial dynamics. The data generated through numerical simulations...
Persistent link: https://www.econbiz.de/10003875747
We address the notion of dynamic, endogenous diversity and its role in theories of investment and technological innovation. We develop a formal model of an innovation arising from the combination of two existing modules with the objective to optimize the net benefits of diversity. The model...
Persistent link: https://www.econbiz.de/10011377094
This paper reviews various approaches to measuring business innovation from the angle of capturing social innovations …. Social innovations can certainly rely on R&D-based technological innovations. Their essence, however, tends to be … rely on those indicators to capture social innovations. Third, given the diversity among innovation systems, a poor …
Persistent link: https://www.econbiz.de/10011450085
Using insights from 'embodied cognition' and a resulting 'cognitive theory of the firm', I aim to contribute to the further development of evolutionary theory of organizations, in the specification of organizations as 'interactors' that carry organizational competencies as 'replicators', within...
Persistent link: https://www.econbiz.de/10012730941