This book discusses the influence of technological and
institutional change on development and growth, the impact on
innovation of labor markets, the spatial distribution of innovation
dynamics, and the meaning of knowledge generation and knowledge
diffusion processes for development policies. The individual
articles demonstrate the powerful possibilities that emerge from
the toolkit of evolutionary and Schumpeterian economics. The book
shows that evolutionary economics can be applied to the
multi-facetted phenomena of economic development, and that a strong
orientation on knowledge and innovation is key to development,
especially in less developed and emerging economies.
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