Evolutionary Economics and Creative Destruction / Edition 1

by J. Stanley Metcalfe

Overview

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.

Product Details

ISBN-13:	9780415158688
Publisher:	Taylor & Francis
Publication date:	01/01/1998
Series:	The Graz Schumpeter Lectures , #1
Pages:	166
Product dimensions:	6.12(w) x 9.19(h) x (d)

About the Author

J. Stanley Metcalfe

Table of Contents

Figures, Foreword, Preface, Part I. The evolutionary economics of creative destruction, PROLOGUE: CHANGE WITHIN CHANGE, 1. ON RIVAL CONCEPTS OF COMPETITION AND THE EVOLUTIONARY CONNECTION, 2. FISHER’S PRINCIPLE AND THE PROCESS OF COMPETITION, 3. ECONOMIC VARIETY AND MODELS OF CHANGE, EPILOGUE: ON BEING DIFFERENT, ON BEING COMPETITIVE, Part II. Evolutionary approaches to technology policy, 4. SCIENCE POLICY AND TECHNOLOGY POLICY WHEN COMPETITION IS AN EVOLUTIONARY PROCESS, COMMENT, CONCLUDING COMMENT, Notes, Bibliography, Index