Advertisement

Neo-Schumpeterians and Economic Theory

  • Arnold Heertje
Part of the Recent Economic Thought book series (RETH, volume 36)

Abstract

This chapter deals with the contribution of the neo-Schumpeterians to economic theory. In fact, I shall present a cost-benefit analysis of the neo-Schumpeterian challenge to neoclassical economics. As the neo-Schumpeterians derive their inspiration from the works of J. A. Schumpeter, it seems appropriate and quite natural to start with a few observations on Schumpeter.

Keywords

Economic Theory Transaction Cost Technical Change Evolutionary Approach Endogeneous Growth 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  1. Aghion, P., and Howitt, P. 1992. “A Model of Growth Through Creative Destruction,” Econometrica, 323–352.Google Scholar
  2. Amable, B., and Guellec, G. 1992. “Les Theories de la Croissance Endogene.” Revue d’Economie Politique.Google Scholar
  3. Amendola, M., and Gaffard, J.L. 1988. The Innovative Choice. New York: Oxford University Press.Google Scholar
  4. Cimoli, M., and Soete, L. 1992. “A Generalized Technology Gap Trade Model.” Economie Appliquee.Google Scholar
  5. Coase, R.H. 1988. The Firm, The Market and The Law. Chicago and London.Google Scholar
  6. Dosi, G., and Soete, L. 1988. “Technical Change and International Trade.” In Technical Change and Economic Theory, pp. 401–431.Google Scholar
  7. Dosi, G., Freeman, C, Nelson, R.R., Silverberg, G., and Soete, L. (eds). 1988. Technical Change and Economic Theory. London: University Press.Google Scholar
  8. Dosi, G., Pavitt, K., and Soete, L. 1990. The Economics of Technical Change and International Trade. New York: Oxford University Press.Google Scholar
  9. Freeman, C. 1992. The Economics of Hope. London: University Press.Google Scholar
  10. Goodwin, R.M. 1990. Chaotic Economic Dynamics. Oxford: University Press, p. 56.CrossRefGoogle Scholar
  11. Grosman, G.M., and Helpman, E. 1991. “Growth and Welfare in a Small Open Economy.” In International Trade and Trade Policy. E. Helpman and A. Razin, eds.: Cambridge: University Press.Google Scholar
  12. Hartwick, J.M. 1992. “Endogeneous Growth with Public Education.” EconomicLetters, New York: University Press.Google Scholar
  13. Helpman, E., and Krugman, P.R. 1985. Market Structure and Foreign Trade. Cam-bridge: University Press.Google Scholar
  14. Kirzner, I.M. 1992. The Meaning of Market Process. London: University Press.Google Scholar
  15. Loasby, BJ. 1991. Equilibrium and Evolution. Manchester: University Press.Google Scholar
  16. Nelson, R.R., and Winter, S.G. 1982. An Evolutionary Theory of Economic Change. Cambridge: University Press.Google Scholar
  17. Nelson, R.R., and Soete, L. 1988. “Policy Conclusions.” In Dosi, G., Freeman, C, Nelson, R., Silfverberg, G., and Soete, L. Technical Change and Economic Theory. New York: University Press.Google Scholar
  18. Romer, P.M. 1986. “Increasing Returns and Long-Run Growth.” Journal of Political Economy.Google Scholar
  19. Romer, P.M. 1990. “Endogeneous Technical Change.” Journal of Political Economy 00:71–103.CrossRefGoogle Scholar
  20. Rosenberg, N. 1982. Inside the Black Box, Technology and Economics. Cambridge: University Press.Google Scholar
  21. Rosser, J.B. 1991. From Catastrophe to Chaos: A General Theory of Economic Discontinuities. Boston: University Press.Google Scholar
  22. Schumpeter, J.A. 1912. Theorie der wirtschaflichen Entwicklung. Leipzig: University Press.Google Scholar
  23. Schumpeter, J.A. 1939. Business Cycles. New York: University Press.Google Scholar
  24. Schumpeter, J.A. 1942. Capitalism, Socialism and Democracy. New York: University Press.Google Scholar
  25. Siebert, M. 1991. “A Schumpeterian Model of Growth in the World Economy; Some Notes on a New Paradigm in International Economics.” Weltwirts-chaftlichen Archiv. University Press.Google Scholar
  26. Silverberg, G. 1988. “Modelling Economic Dynamics and Technical Change: Mathematical Approaches to Self-organisation and Evolution.” In Dosi, G., Freemanc, Nelson, R., Silrverbery, G. and Scole, L. Technical Change andEconomic Theory.Google Scholar
  27. Thomsen, E.F. 1992. Prices and Knowledge. London: University Press.Google Scholar
  28. Tirole, J. 1988. The Theory of Industrial Organization. Cambridge: University Press.Google Scholar
  29. Ursprung, H.W. 1984. “Schumpeterian Entrepreneurs and Catastrophe Theory or A New Chapter to the Foundation of Economic Analysis.” Journal of Economics. University Press.Google Scholar
  30. Weidlich, W., and Braun, M. 1992. “The Master Equation Approach to NonlinearEconomics.” Journal of Evolutionary Economics University Press.Google Scholar
  31. Williamson, O.E. 1986. Economic Organization; Firms, Markets and Policy Controls. Brighton: University Press.Google Scholar

Copyright information

© Kluwer Academic Publishers 1994

Authors and Affiliations

  • Arnold Heertje
    • 1
  1. 1.ER NaardanThe Netherlands

Personalised recommendations