Evolutionary Economics and Path Dependence presents important new
theoretical and empirical work on economic change, learning
processes, institutional change, choice and path dependency.The
theoretical section includes discussion of the microfoundations of
path dependency, path dependency in industrial networks, path
dependence and the theory of the firm, lock-in effects in relation
to professional organizations, the notion of bricolage in relation
to path dependency and new and neo-institutional perspectives on
the theory of the firm. The empirical part focuses on institutional
change in the communications and transport sectors of the economy.
More specifically it shows how path dependency occurs and develops
through various types of lock-in effects within institutions. This
book will be essential reading for academics and students of
economics and economic history wishing to keep up-to-date with
research at the frontier of this exciting field.
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