Download Catching Up, Spillovers and Innovation Networks in a by Andreas Pyka (auth.), Andreas Pyka, Maria da Graça PDF

By Andreas Pyka (auth.), Andreas Pyka, Maria da Graça Derengowski Fonseca (eds.)

This publication discusses the impact of technological and institutional swap on improvement and development, the impression on innovation of work markets, the spatial distribution of innovation dynamics, and the which means of information iteration and information diffusion tactics for improvement regulations. the person articles show the strong chances that emerge from the toolkit of evolutionary and Schumpeterian economics. The e-book indicates that evolutionary economics should be utilized to the multi-facetted phenomena of monetary improvement, and powerful orientation on wisdom and innovation is essential to improvement, specially in much less constructed and rising economies.

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Extra resources for Catching Up, Spillovers and Innovation Networks in a Schumpeterian Perspective

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In conventional economics the focus has been on consumption because of its natural Evolutionary Macroeconomics: A Research Agenda 23 connection with individual utility theory. However, an investment focus seems more relevant when constructing an evolutionary macroeconomic perspective on economic growth. We have argued that economic systems are dissipative structures with certain characteristics and that the best way to represent them is in terms of value flows and that this applies as much at the macroeconomic level as, for example, at the level of the firm.

Entropy, information and evolution. Cambridge, MA: MIT Press. Ert€urk, K. A. (2002). Revisiting the old theory of cyclical growth: Harrod, Kaldor cum Schumpeter. Review of Political Economy, 14(2), 179–192. Fabricant, S. (1940). The output of manufacturing industries: 1899–1937. New York: NBER. Foster, J. (1987). Evolutionary macroeconomics. London: Unwin Hyman. Foster, J. (1989). The macroeconomics of Keynes: An evolutionary perspective. In J. ), New directions in post-Keynesian economics. Aldershot: Edward Elgar.

Kuhn, T. (2004). Schumpeterian endogenous growth theory and evolutionary economics. Journal of Evolutionary Economics, 14, 223–236. Ayres, R. (2001). The minimum complexity of endogenous growth models: the role of physical resource flows. Energy, 26, 817–838. , & Casten, T. (2007). Energy efficiency, sustainability and economic growth. Energy, 32, 634–648. , & Warr, B. (2005). Accounting for growth: the role of physical work. Structural Change and Economic Dynamics, 16, 181–209. Berndt, E. (1991).

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