Change, Transformation and Development

1. Front Matter

   Pages I-VII

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2. Change, transformation and development

   • Stanley J. Metcalfe, Uwe Cantner

   Pages 1-4

3. Knowledge of growth and the growth of knowledge

   • J. S. Metcalfe

   Pages 5-17

4. Bringing institutions into evolutionary growth theory

   • Richard R. Nelson

   Pages 19-30

5. Choice, chance, and necessity in the evolution of forms of economies

   • Pavel Pelikan

   Pages 31-51

6. Designing clunkers: demand-side innovation and the early history of the mountain bike

   • Guido Buenstorf

   Pages 53-70

7. A resource-based view of Schumpeterian economic dynamics

   • John A. Mathews

   Pages 71-96

8. Transferring exploration and production activities within the UK’s upstream oil and gas industry: a capabilities perspective

   • John H. Finch

   Pages 97-123

9. Uncertainty, institutional structure and the entrepreneurial process

   • Keith Jakee, Heath Spong

   Pages 125-144

10. Weber, Schumpeter and Knight on entrepreneurship and economic development

    • Maria T. Brouwer

    Pages 145-167

11. Connecting principles, new combinations, and routines: reflections inspired by Schumpeter and Smith

    • B. J. Loasby

    Pages 169-182

12. Innovating routines in the business firm: what matters, what’s staying the same, and what’s changing?

    • Keith Pavitt

    Pages 183-195

13. The emergence of a growth industry: a comparative analysis of the German, Dutch and Swedish wind turbine industries

    • Anna Bergek, Staffan Jacobsson

    Pages 197-227

14. Intangible investment and human resources

    • Michael Peneder

    Pages 229-256

15. The dynamics of vertically-related industries. Innovation, entry and concentration

    • Andrea Bonaccorsi, Paola Giuri

    Pages 257-289

16. The role of innovation and quality change in Japanese economic growth

    • Derek Bosworth, Silvia Massini, Masako Nakayama

    Pages 291-318

17. Entrepreneurs, innovations and market processes in the evolution of the Swedish mobile telecommunications industry

    • Staffan Hultén, Bengt Mölleryd

    Pages 319-342

18. The new geography of corporate research in Information and Communications Technology (ICT)

    • John Cantwell, Grazia D. Santangelo

    Pages 343-377

19. Technology transfer in United States universities

    • Bo Carlsson, Ann-Charlotte Fridh

    Pages 379-412

20. What is the systems perspective to Innovation and Technology Policy(ITP) and how can we apply it to developing and newly industrialized economies?

    • Morris Teubal

    Pages 413-437

For as long as one can remember, the edifice of the neoclassical economic syn­ thesis has been under attack. Critiques have focused on the extreme unreality of the assumptions that underpin the Arrow-Debreu theorems of welfare economics. They have queried the excessive formalism of the edifice, and the lack of practical significance of many of the results.They have castigated the neoclassical synthesis for its internal incoherence (lacking an independent theory of capital, for example, one of the favorite topics of the Cambridge school), its lack of a dynamic element, its non-evolutionary character, its lack of any conception of "market process" ­ and so the list could be continued (Blaug, 1997). Through all this, the neoclassi­ cal synthesis remains as strong as ever, impervious it seems to these or any other attacks. In this paper a different tack is taken. The neoclassical edifice is left alone, standing as a representation of what goes on in a certain kind ofeconomy- namely the economy wheregoods and services are producedand exchanged. The paper then introduces another kind of economy, namely an economy of productive entities ­ called "resources"- that are needed to produce the economyofgoods and services.

• Economic Development
• Evolutionary Economics
• Growth Theory
• Institution
• Nation
• Schumpeter
• Technological Change
• economic growth
• growth
• production

• Centre for Research on Innovation and Competition and School of Economic Studies, University of Manchester, Manchester, UK

  John Stan Metcalfe

• Department of Economics and Business Administration, Friedrich-Schiller-University Jena, Jena, Germany

  Uwe Cantner

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