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This authoritative collection presents an overview of the
widespread significance of Schumpeter's thought. Part I examines
the reception accorded to Schumpeter's ideas by his contemporaries.
In Part II the impact of his scientific ideas from the 1950s to the
1970s is investigated. Part III covers the renewed influence of
Schumpeter's thought in the 1980s. Whilst the contributions on
industrial economics are presented in neoclassical fashion, the
studies of innovation economics and evolutionary modelling reveal
further ramifications of Schumpeter's legacy. Part IV highlights
the importance of Schumpeterian ideas on modern macroeconomic
theories and the final part demonstrates the influence of his
thought in other fields such as public finance, sociology, politics
and history.
This volume is devoted to innovation with a special focus on its
two sides, namely creation and destruction, and on its role in the
evolution of capitalist economies. The first part of the book looks
at innovation and its effects on economic performance, addressing
issues of motives, behavioral rules under uncertainty, actor
properties, and technology characteristics. The second part
concentrates on potential consequences of innovative activities, in
particular structural change, the "innovation-mediated" effect of
skill-oriented policies on regional performance, the destructive
effects of innovation activities, and the question whether novelty
is always good. The role of innovation in the evolution of
capitalism itself is discussed in the third part.
The Elgar Companion to Neo-Schumpeterian Economics is a
cutting-edge collection of specially commissioned contributions
highlighting not only the broad scope but also the common ground
between all branches of this prolific and fast developing field of
economics.For 25 years economists have been investigating
industrial dynamics under the heading of neo-Schumpeterian
economics, which has itself become a mature and widely acknowledged
discipline in the fields of innovation, knowledge, growth and
development economics. The Elgar Companion to Neo-Schumpeterian
Economics surveys the achievements of the most visible scholars in
this area. The contributions to the Companion give both a brief
survey on the various fields of neo-Schumpeterian economics as well
as insights into recent research at the scientific frontiers. The
book also illustrates the potential of neo-Schumpeterian economics
to overcome its so far self-imposed restriction to the domains of
technology driven industry dynamics, and to become a comprehensive
approach in economics suited for the analysis of development
processes in all economic domains. Integrating both the public
sector and financial markets, the book focusses on the
co-evolutionary processes between the different domains. As a
roadmap for the development of a comprehensive neo-Schumpeterian
theory, the Companion will be an invaluable source of reference for
researchers in the fields of industrial dynamics and economic
growth, and academics and scholars of economics generally. PhD
students will find the Companion an indispensable general
introduction to the field of neo-Schumpeterian economics. It will
also appeal to politicians and consultants engaged in national and
international policy as the Companion deals with the highly
important and ever topical phenomena of economic development.
This volume is devoted to innovation with a special focus on its
two sides, namely creation and destruction, and on its role in the
evolution of capitalist economies. The first part of the book looks
at innovation and its effects on economic performance, addressing
issues of motives, behavioral rules under uncertainty, actor
properties, and technology characteristics. The second part
concentrates on potential consequences of innovative activities, in
particular structural change, the "innovation-mediated" effect of
skill-oriented policies on regional performance, the destructive
effects of innovation activities, and the question whether novelty
is always good. The role of innovation in the evolution of
capitalism itself is discussed in the third part.
The twelve papers in this collection grew out of the workshop on
"Eco nomic Evolution, Learning, and Complexity" held at the
University of Augsburg, Augsburg, Germany on May 23-25, 1997. The
Augsburg workshop was the second of two events in the
Euroconference Series on Evolutionary Economics, the first of which
was held in Athens, Greece in September 1993. A special issue of
the Journal of Evolutionary Econo mics (1993(4)) edited by Yannis
Katsoulacos on "Evolutionary and Neo classical Perspectives on
Market Structure and Economic Growth" con tains selected papers
from the Athens conference. The Athens conference explored
neoclassical and evolutionary perspectives on technological
competition and increasing returns. It helped to identify the dis
tinguishing features of evolutionary scholarship. The Augsburg
workshop was more oriented toward exploring methodological issues
in evolutiona of the papers employed new me ry and related
scholarship. A number thods, such as genetic programming and
experimental analysis, some developed new econometric techniques or
raised new empirical issues in evolutionary economics, and some
relied on simulation techniques. Twelve papers covering a range of
areas were selected for this collection. The papers address central
issues in evolutionary and Schumpeterian accounts of industrial
competition, learning, and innovation."
The Elgar Companion to Neo-Schumpeterian Economics is a
cutting-edge collection of specially commissioned contributions
highlighting not only the broad scope but also the common ground
between all branches of this prolific and fast developing field of
economics.For 25 years economists have been investigating
industrial dynamics under the heading of neo-Schumpeterian
economics, which has itself become a mature and widely acknowledged
discipline in the fields of innovation, knowledge, growth and
development economics. The Elgar Companion to Neo-Schumpeterian
Economics surveys the achievements of the most visible scholars in
this area. The contributions to the Companion give both a brief
survey on the various fields of neo-Schumpeterian economics as well
as insights into recent research at the scientific frontiers. The
book also illustrates the potential of neo-Schumpeterian economics
to overcome its so far self-imposed restriction to the domains of
technology driven industry dynamics, and to become a comprehensive
approach in economics suited for the analysis of development
processes in all economic domains. Integrating both the public
sector and financial markets, the book focusses on the
co-evolutionary processes between the different domains. As a
roadmap for the development of a comprehensive neo-Schumpeterian
theory, the Companion will be an invaluable source of reference for
researchers in the fields of industrial dynamics and economic
growth, and academics and scholars of economics generally. PhD
students will find the Companion an indispensable general
introduction to the field of neo-Schumpeterian economics. It will
also appeal to politicians and consultants engaged in national and
international policy as the Companion deals with the highly
important and ever topical phenomena of economic development.
Mikrookonomisch fundierte Einfuhrung: Sie zeigt, wie man auch
ohne Vorkenntnisse der Produktionsfunktion zu Aussagen uber die
produktive Effizienz kommen kann. Die Autoren stellen den Ansatz
der nichtparametrischen Frontierfunktionsanalyse vor und erweitern
ihn uber verschiedene Schritte. Diese Schritte umfassen die Analyse
verschiedener Formen variabler Skalenertrage und die Ermittlung der
produktivsten Unternehmensgrosse."
Dieses UEbungsbuch ist als Erganzung zu dem Lehrbuch
"Volkswirtschaftslehre 1" konzipiert und soll dem Studierenden die
Moeglichkeit geben, den dort behandelten Lehrstoff zu vertiefen und
anzuwenden. Es gliedert sich, dem Lehrbuch folgend, in die drei
Teile "Grundlagen", "Mikrooekonomik" und "Makrooekonomik", zu denen
jeweils eine Reihe von Multiple-Choice-Aufgaben gestellt sind. Die
Loesungen zu allen drei Teilen sind am Ende des Buches gesammelt.
Das Lehrbuch Volkswirtschaftslehre 1 prasentiert eine leicht
verstandliche und moderne Einfuhrung in die volkswirtschaftliche
Theorie und Politik. Es werden die Grundlagen der Nationalokonomie
erlautert, die vor allem fur Studierende der Anfangssemester an
Hochschulen und Wirtschaftsakademien von grosser Bedeutung sind.
Basierend auf einer Erklarung elementarer Begriffe und Prinzipien
der Volkswirtschaftslehre befasst sich der zweite und dritte Teil
des Buches mit den grossen Teilgebieten dieses Faches, namlich der
Mikro- und der Makrookonomie. Der gesamte Lehrstoff wird durch
Graphiken und Zahlenbeispiele erganzt und enthalt zudem zahlreiche
aktuelle Bezuge, um wichtige Zusammenhange hervorzuheben. Der
geplante Band Volkswirtschaftslehre" "2 vertieft zentrale Themen
der Mikro- und Makrookonomie und erweitert diese um neue
Fragestellungen."
Der vorliegende zweite Teil des Lehrbuches baut inhaltlich auf dem
ersten Band auf. Dies gilt insbesondere in dem Sinne, dass das
Denken und Arbeiten auf modelltheoretischer Grundlage
weiterentwickelt wurde. Beide Teile des Lehr- buches zusammen
bieten sowohl eine UEbersicht uber wesentliche Bestandteile der
modernen Nationaloekonomie, mit Hilfe derer sich aktuelle Fragen
und Entwicklungen besser verstehen lassen, als auch eine Einfuhrung
in die mathe- matische OEkonomie. Ein grundliches Studium beider
Bande wird dem Leser das Verstandnis erganzender und
komplizierterer Literatur erleichtern. Zu diesem Zweck fugen wir
eine Liste ausgewahlter Lehrbucher und Monographien bei. Wie auch
im ersten Band endet jedes Kapitel mit einer Anzahl von Fragen und
Aufgaben, damit das Denken in Annahmen und daraus resultierenden
Schlussfolgerungen geubt werden kann. Schliesslich sei noch
erwahnt, dass das Buch nicht nur analytische, sondern auch
Entscheidungsmodelle bespricht, wobei mir die Entscheidungsmodelle
des hollandischen Centraal Planbureaus auf dem Hintergrund der
wirtschaftlichen und wirtschaftspolitischen Entwicklung fur die
Bundesrepublik Deutschland von besonderer Bedeutung zu sein
scheinen. Es ist mir ein grosses Bedurfnis, an dieser Stelle Herrn
PETER HUBER fur die UEbersetzung des hollandischen Textes zu
danken. Er hat es meines Erachtens verstanden, wesentliche
Charakteristika der erfolgreichen hollandischen Aus- gabe in der
deutschen Fassung zu berucksichtigen. Schliesslich moechte ich
darauf hinweisen, dass dieser zweite Band in etwa der 1. Auflage
des hollandischen Originaltextes De Kern van de Economie, deel2
entspricht, an der mein Assistent Dr. R. ScHOENDORFF mitgearbeitet
hat. Ich danke ihm fur seine Bereitschaft, gewissen AEnderungen im
Interesse der deutschen Ausgabe zuzustimmen .
This book focuses on knowledge-based economies and attempts to
analyze dynamic innovation driven processes within those
economies.It shows that evolutionary economics, and in particular
the strand of applied industry and innovation studies often called
Neo-Schumpeterian economics, has left the nursery of new academic
approaches and is able to offer important insights for the
understanding of socio-economic processes of change and development
having a strong impact on economic reality all over the world. The
contributions are summarized under four major sections - knowledge
and cognition, studies of knowledge-based industries, the
geographical dimension of knowledge-based economies and measuring
and modelling for knowledge-based economies - and give a broad
overview of the prolific research being undertaken in applied
evolutionary economics. Students will find this book an invaluable
resource for future research, as will researchers seeking an
introduction to new methods and perspectives of analysis.
This volume contains eleven papers - some theoretical, others
empirical - given at the 1986 founding meeting of the International
Joseph A. Schumpeter Society in Augsburg. By raising questions and
offering additional statistical evidence, they further stimulate
interest and discussion about the kinds of intuitive ideas that
Schumpeter introduced in his seminal period before World War I.
Whatever may be the academic mainline trend in economics, two
policy-oriented 'disequilibrium' schools have flourished and still
thrive: one stresses the need for social redistribution as a
counterweight to a negative propensity to unemployment; the other
emphasizes the explicit roles of the dynamic entrepreneur,
innovation and stressful competition in stimulating economic
growth. And while it is possible that the heyday of the demand-side
'age of Keynes' is passing, it also may be true that the time of
the supply-side 'age of Schumpeter' is now emerging.
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