Foundations of Economic Change
Autor: | Andreas Pyka, Uwe Cantner |
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EAN: | 9783319620091 |
eBook Format: | |
Sprache: | Englisch |
Produktart: | eBook |
Veröffentlichungsdatum: | 15.11.2017 |
Untertitel: | A Schumpeterian View on Behaviour, Interaction and Aggregate Outcomes |
Kategorie: | |
Schlagworte: | Behaviour and interaction Economic complexity Economic dynamics Economic growth Entrepreneurship Evolutionary microeconomics and macroeconomics Heterogeneity Innovation Neo-Schumpeterian economics Schumpeterian approach Technological change |
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The book illustrates the considerable advances in modern evolutionary economics and addresses core questions of economic behaviour, interaction of heterogeneous actors in uncertain environments and the possibility of aggregating observations on a macro-economic level. It presents the foundations of economic change as the major building blocks of an economic approach that focusses on complex processes driven by endogenous innovation as well as crisis. The theoretical considerations are complemented by econometric studies to demonstrate the relevance of evolutionary-economic thinking to improve our understanding of the most challenging issues related to economic growth and development.