Evolutionary Economics and Creative Destruction

Book Details

Format Hardback or Cased Book

Book Series The Graz Schumpeter Lectures

ISBN-10 0415158680

ISBN-13 9780415158688

Publisher Taylor & Francis Ltd

Imprint Routledge

Country of Manufacture GB

Country of Publication GB

Publication Date Jan 1st, 1998

Print length 166 Pages

Weight 417 grams

Product Classification: Economic theory & philosophy Development economics & emerging economies

AI Summary

Ksh 34,200.00

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The central theme of this book is competition treated as an evolutionary process in which the focus is upon economic change and not economic equilibrium.

The central theme of this book is competition treated as an evolutionary process in which the focus is upon economic change and not economic equilibrium. This theme is explored by linking together differences in economic behaviour with the role of markets as co-ordinating institutions. In this picture innovation plays a central role as a primary source of differential behaviour of firms and the purpose of the book is to identify the consequences of these differences for competition and competitive advantage.

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