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Evolutionary Theories of Economic and Technological Change - Present Status and Future Prospects (Hardcover)
Loot Price: R3,419
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Evolutionary Theories of Economic and Technological Change - Present Status and Future Prospects (Hardcover)
Series: Routledge Library Editions: The Economics and Business of Technology
Expected to ship within 12 - 19 working days
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Recently, evolutionary theories of economic and technological
change have attracted a considerable amount of attention which
reflects the problems encountered by mainstream analysis of dynamic
phenomena and quantitative change. This book, originally published
in 1991, develops the debate and draws on the concepts of
evolutionary biology, nonequilibrium thermodynamics, systems and
organization theory. While recognizing that new technology is not
the cause of quantitative change, the editors claim it should play
a more central role in economic theory and policy. At the same
time, the ground is laid for a more generalized concept of
innovation and experimentation and their relation to routine
activities. The book is intended for economists.
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