Foundations of Economic Change
A Schumpeterian View on Behaviour, Interaction and Aggregate Outcomes
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Beschreibung
The book illustrates the considerable advances in modern evolutionary economics and addresses core questions of economic behaviour, interaction of heterogeneous actors in uncertain environments and the possibility of aggregating observations on a macro-economic level. It presents the foundations of economic change as the major building blocks of an economic approach that focusses on complex processes driven by endogenous innovation as well as crisis. The theoretical considerations are complemented by econometric studies to demonstrate the relevance of evolutionary-economic thinking to improve our understanding of the most challenging issues related to economic growth and development.
Introduces the latest approaches in the analysis of economic change
Discusses a broad variety of approaches in modern evolutionary economics
Combines theoretical insights with cutting-edge empirical analysis
Introduces the latest approaches in the analysis of economic change Discusses a broad variety of approaches in modern evolutionary economics Combines theoretical insights with cutting-edge empirical analysis
Autor*in
Andreas Pyka
Themen in »Foundations of Economic Change«
Economic dynamics Schumpeterian approach Innovation Economic complexity Behaviour and interaction Heterogeneity Technological change Neo-Schumpeterian economics Evolutionary microeconomics and macroeconomics R&D