Evolutionary Theories Of Economic And Technological Change
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An Evolutionary Theory Of Economic Change
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Author : Richard R. Nelson
language : en
Publisher: Harvard University Press
Release Date : 1985-10-15
An Evolutionary Theory Of Economic Change written by Richard R. Nelson and has been published by Harvard University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1985-10-15 with Business & Economics categories.
This book contains the most sustained and serious attack on mainstream, neoclassical economics in more than forty years. Nelson and Winter focus their critique on the basic question of how firms and industries change overtime. They marshal significant objections to the fundamental neoclassical assumptions of profit maximization and market equilibrium, which they find ineffective in the analysis of technological innovation and the dynamics of competition among firms. To replace these assumptions, they borrow from biology the concept of natural selection to construct a precise and detailed evolutionary theory of business behavior. They grant that films are motivated by profit and engage in search for ways of improving profits, but they do not consider them to be profit maximizing. Likewise, they emphasize the tendency for the more profitable firms to drive the less profitable ones out of business, but they do not focus their analysis on hypothetical states of industry equilibrium. The results of their new paradigm and analytical framework are impressive. Not only have they been able to develop more coherent and powerful models of competitive firm dynamics under conditions of growth and technological change, but their approach is compatible with findings in psychology and other social sciences. Finally, their work has important implications for welfare economics and for government policy toward industry.
Evolutionary Theories Of Economic And Technological Change
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Author : (Pier) Paolo Saviotti
language : en
Publisher: Routledge
Release Date : 2018-03-29
Evolutionary Theories Of Economic And Technological Change written by (Pier) Paolo Saviotti and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-03-29 with Business & Economics categories.
Recently, evolutionary theories of economic and technological change have attracted a considerable amount of attention which reflects the problems encountered by mainstream analysis of dynamic phenomena and quantitative change. This book, originally published in 1991, develops the debate and draws on the concepts of evolutionary biology, nonequilibrium thermodynamics, systems and organization theory. While recognizing that new technology is not the cause of quantitative change, the editors claim it should play a more central role in economic theory and policy. At the same time, the ground is laid for a more generalized concept of innovation and experimentation and their relation to routine activities. The book is intended for economists.
Modern Evolutionary Economics
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Author : Richard R. Nelson
language : en
Publisher: Cambridge University Press
Release Date : 2018-05-03
Modern Evolutionary Economics written by Richard R. Nelson and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-05-03 with Business & Economics categories.
Presents the evolutionary perspective of the economy as perpetually moving, driven by innovation, and the empirical research this has guided.
The General Theory Of Economic Evolution
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Author : Kurt Dopfer
language : en
Publisher: Routledge
Release Date : 2007-09-27
The General Theory Of Economic Evolution written by Kurt Dopfer and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-09-27 with Business & Economics categories.
The first book to chart the development of the field of evolutionary economics, this book provides an integrated generic framework to define the rules of an economic system; how they are coordinated and the causes and consequences of their change.Packed with pedagogical features including essay and tutorial questions, case studies and an extensive
The Evolution Of Technology
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Author : George Basalla
language : en
Publisher: Cambridge University Press
Release Date : 1988
The Evolution Of Technology written by George Basalla and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1988 with Science categories.
Three emerging themes challenge the popular notion that technology advances through the efforts of a few who produce a series of revolutionary inventions that owe little or nothing to the technological past.
Law Economics And Evolutionary Theory
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Author : Peer Zumbansen
language : en
Publisher: Edward Elgar Publishing
Release Date : 2011-01-01
Law Economics And Evolutionary Theory written by Peer Zumbansen and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-01-01 with Law categories.
Evolutionary theory belongs to the rare species of theories that are simultaneously fundamental and over-arching, implicating as it does numerous life contexts as well as an array of scholarly disciplines. Armed with a profound grasp of evolutionary theory and its implications to social research, Professors Zumbansen and Calliess have mobilized an appropriately diverse and truly stellar group of academics to investigate how this theory may provide new insights about law, economics, and their inter-relations. Cast against an especially broad intellectual backdrop set by the editors, this volume is sure to become a standard reference in literature. Amir N. Licht, Radzyner School of Law, Israel Zumbansen and Calliess have done a wonderful job in assembling papers from the leading scholars in the field, who draw on evolutionary approaches for explaining developments in both economics and the law. Anybody interested in issues of institutional change will be inspired by the wealth of ideas and the diversity of perspectives. Stefan Voigt, University of Hamburg, Germany Law and economics has arguably become one of the most influential theories in contemporary legal theory and adjudication. The essays in this volume, authored by both legal scholars and economists, constitute lively and critical engagements between law and economics and new institutional economics from the perspectives of legal and evolutionary theory. The result is a fresh look at core concepts in law and economics such as institutions , institutional change and market failure that offer new perspectives on the relationship between economic and legal governance. The increasingly transnational dimension of regulatory governance presents lawyers, economists and social scientists with an unprecedented number of complex analytical and conceptual questions. The contributions to this volume engage with legal theory, new institutional economics, economic sociology and evolutionary economics in an interdisciplinary assessment of the capacities and limits of the state, markets and institutions. Drawing as well upon legal sociology and the philosophy of law, the authors expand and transform the known terrain of law and economics by applying evolutionary theory to both law and economics from a domestic and transnational perspective. Legal scholars, evolutionary and regulatory theorists, economists, economic sociologists, economic historians and political scientists will find this cutting-edge volume both challenging and engaging.
Technological Innovation As An Evolutionary Process
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Author : John Ziman
language : en
Publisher: Cambridge University Press
Release Date : 2000-03-28
Technological Innovation As An Evolutionary Process written by John Ziman and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000-03-28 with Science categories.
Ground-breaking yet non-technical analysis of the analogy that technological artefacts 'evolve' like biological organisms.
Nature S Magic
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Author : Peter Corning
language : en
Publisher: Cambridge University Press
Release Date : 2003-05-05
Nature S Magic written by Peter Corning and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-05-05 with Science categories.
Nature's Magic presents a bold vision of the evolutionary process from the Big Bang to the 21st century. Synergy of various kinds is not only a ubiquitous aspect of the natural world but it has also been a wellspring of creativity and the 'driver' of the broad evolutionary trend toward increased complexity, in nature and human societies alike. But in contrast with the many theories of emergence or complexity that rely on some underlying force or 'law', the 'Synergism Hypothesis', as Peter Corning calls it, is in essence an economic theory of biological complexity; it is fully consistent with mainstream evolutionary biology. Corning refers to it as Holistic Darwinism. Among the many important insights that are provided by this new paradigm, Corning presents a scenario in which the human species invented itself; synergistic, behavioral and technological innovations were the 'pacemakers' of our biological evolution. Synergy has also been the key to the evolution of complex modern societies, he concludes.
Globalization As Evolutionary Process
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Author : George Modelski
language : en
Publisher: Routledge
Release Date : 2007-12-20
Globalization As Evolutionary Process written by George Modelski and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-12-20 with Political Science categories.
The term globalization has gained widespread popularity; yet most treatments are either descriptive and/or focused on changes in economic interconnectivity. In this volume the concept is seen in broader terms as leading international experts from a range of disciplines develop a long-term analysis to address the problems of globalization. The editors and contributors develop a framework for understanding the origins and trajectory of contemporary world trends, constructing testable and verifiable models of globalization. They demonstrate how the evolutionary approach allows us to view globalization as an enterprise of the human species as a whole focusing on the analytical problem of global change and the rules governing those changes. The emphasis is not on broad-based accounts of the course of world affairs but, selectively, on processes that reshape the social of the human species, the making of world opinion and the innovations that animate these developments. Chapters are clustered into four foci. One emphasizes the interpretation of globalization as an explicitly evolutionary process. A second looks at historical sequences of such phenomena as population growth or imperial rise and decline as processes that can be modeled and not purely described. The third cluster examines ongoing changes in economic processes, especially information technology. A final cluster takes on some of the challenges associated with forecasting and simulating the complexities of globalization processes. This innovative and important volume will be of interest to students and scholars across the social sciences concerned with the phenomenon of globalization.
An Evolutionary Theory Of Economic Change
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Author : Richard R. Nelson
language : en
Publisher: Harvard University Press
Release Date : 1985-10-15
An Evolutionary Theory Of Economic Change written by Richard R. Nelson and has been published by Harvard University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1985-10-15 with Business & Economics categories.
Nelson and Winter focus their critique on the basic question of how firms and industries change overtime. They marshal significant objections to the fundamental neoclassical assumptions of profit maximization and market equilibrium, which they find ineffective in the analysis of technological innovation and the dynamics of competition among firms.