Journal of Evolutionary Economics
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Schumpeter and the `Schmollerprogramm': integrating theory and history in the analysis of economic development
Journal of Evolutionary Economics - Tập 10 - Trang 355-372 - 2000
This essay addresses the historical and institutional aspects of Schumpeter's thought. It suggests that Schumpeter prepared a pluralist research agenda, formulated in accordance with the conceptual perspective of the German Historical School, as presented by major scholars such as Schmoller, Sombart, Spiethoff and Max Weber. Schumpeter's notion of development, with its emphasis on the corresponde......
A Schumpeterian model of endogenous innovation and growth
Journal of Evolutionary Economics - Tập 4 - Trang 227-241 - 1994
A disequilibrium model of endogenous innovation and growth is presented. The behaviour of the agents is supposed to be governed by routines, not by maximization. The entrepreneurs are assumed to invest a fraction of their operating profits in real capital accumulation, and another fraction in R&D. The latter leads to an increase in labour productivity via a R&D production function. In this ‘Schump......
A positive vision for the forerunner economies in the present global context
Journal of Evolutionary Economics - Tập 5 - Trang 327-332 - 1995
In this paper, the normative content of the concept of GNP growth is questioned, challenging the welfare implications of the traditional notions of input and output. It is argued that the attainment of “sustainable development” requires a reorientation towards a qualitative rather than quantitative framework of analysis.
Absorptive capacity, efficiency effect and competitors’ spillovers
Journal of Evolutionary Economics - Tập 21 Số 4 - Trang 649-663 - 2011
Schumpeter, product innovation and public policy: the case of cigarettes
Journal of Evolutionary Economics - Tập 13 - Trang 469-490 - 2003
Structural change, institutions and the dynamics of labor productivity in Europe
Journal of Evolutionary Economics - Tập 30 - Trang 1275-1300 - 2019
The objective of this paper is to explain the reasons behind the dynamics of labor productivity (LP) growth during a process of institutional and structural change. We show - by means of a theoretical discussion and an empirical analysis, conducted on a sample of 25 European countries for the period 1995–2016 - that four main channels contribute to explaining the evolution of LP. First, the speed ......
Institutional adaptation in the evolution of the ‘co-operative principles’
Journal of Evolutionary Economics - Tập 32 Số 1 - Trang 333-365 - 2022
Digitization and the evolution of money as a social technology of account
Journal of Evolutionary Economics - Tập 32 - Trang 175-203 - 2021
Throughout the history of monetary thought, economists have predominantly emphasised the function of money as a medium of exchange along with the intrinsic properties that enhance its salability and credibility as the most liquid store of value. But the social institution of money co-evolves with technology. It is significant that the advent of digital crypto-currencies was initiated by computer s......
Eduard März and Joseph Schumpeter
Journal of Evolutionary Economics - Tập 25 - Trang 229-237 - 2014
The paper starts off with a portrayal of Eduard März’ life in Vienna and of the impact that environment had on his early scientific work. The paper proposes that the shared experience had a strong bearing on the relationship between the student M¨arz, “that fascinating immigrant” (James Tobin), and his teacher Schumpeter, the “high priest of his science” (M¨arz). The paper highlights the various f......
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