Evolutionary and Neo-Schumpeterian Approaches to Economics

  • Lars Magnusson

Part of the Recent Economic Thought book series (RETH, volume 36)

Table of contents

  1. Front Matter
    Pages i-vii
  2. Introduction

  3. Evolutionary Theory

    1. Front Matter
      Pages 9-9
    2. Richard N. Langlois, Michael J. Everett
      Pages 11-47
  4. Neo-Schumpeterian Dynamics

    1. Front Matter
      Pages 123-123
    2. Giovanni Dosi, Franco Malerba, Luigi Orsenigo
      Pages 203-229
  5. Critique and New Challenges

    1. Front Matter
      Pages 243-243
    2. William Lazonick
      Pages 245-263
    3. Arnold Heertje
      Pages 265-276
    4. Peter Söderbaum
      Pages 277-299
    5. Lars Magnusson, Göran Marklund
      Pages 301-319
  6. Back Matter
    Pages 321-326

About this book

Introduction

not gentle to the capitalists" (Schumpeter, 1991). Thus, by instead portraying the conflict between entreprenuerial activity and the sociology of the modern state, he came quite close to the analysis carried out by Thorstein Veblen some decades earlier, who emphasized the conflict between p- gressive technology and the institutions of a contemporary "predatory dynastic State of early modern times, superficially altered by a suffusion of democratic and parliamentary institutions" (Veblen, 1964, p. 398). Modern neo-Schumpeterian approaches have continued to build on this groundwork provided by their master. During recent years there has been a great upsurge of discussion on technology, innovations, technological regimes, etc. from the dynamic perspective provided by Schumpeter (Dosi, 1984, Rosegger, 1985; Dosi et al., 1988). Thus the search process for (t- poral) extra profits has been stressed and has been used for modelling attempts. The wider institutional framework for technological change and innovation activity has also been strongly developed more recently. Hence emphasis has grown in the study of technological and industrial regimes, path dependency, and the network approach, developed recently, that social relationships structure the opportunities and constraints that face firms and agents that, for example, carry out innovations (Snehota, 1990).

Keywords

Innovation Schumpeter Theory of Economic Growth economic growth economic theory economics evolutionary economics evolutionary theory institutions integration production sustainability theory of the firm

Editors and affiliations

  • Lars Magnusson
    • 1
  1. 1.Uppsala UniversityUppsala

Bibliographic information

  • DOI https://doi.org/10.1007/b102383
  • Copyright Information Kluwer Academic Publishers 1994
  • Publisher Name Springer, Dordrecht
  • eBook Packages Springer Book Archive
  • Print ISBN 978-0-7923-9385-6
  • Online ISBN 978-0-585-35155-1
  • Series Print ISSN 0924-199X
  • About this book