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.