Evolutionary Economics and Creative Destruction

Evolutionary Economics and Creative Destruction

by J. Stanley Metcalfe
     
 

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ISBN-10: 0415158680

ISBN-13: 9780415158688

Pub. Date: 01/28/1998

Publisher: Taylor & Francis

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

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:
01/28/1998
Series:
Graz Schumpeter Lectures Series
Pages:
168
Product dimensions:
6.14(w) x 9.21(h) x 0.50(d)

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