Foundations of Economic Change

A Schumpeterian View on Behaviour, Interaction and Aggregate Outcomes

Business & Finance, Management & Leadership, Production & Operations Management, Economics
Cover of the book Foundations of Economic Change by , Springer International Publishing
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Author: ISBN: 9783319620091
Publisher: Springer International Publishing Publication: November 15, 2017
Imprint: Springer Language: English
Author:
ISBN: 9783319620091
Publisher: Springer International Publishing
Publication: November 15, 2017
Imprint: Springer
Language: English

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.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

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.

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