Modern Evolutionary Economics

An Overview

Business & Finance, Economics, Economic Development
Cover of the book Modern Evolutionary Economics by Richard R. Nelson, Giovanni Dosi, Constance E. Helfat, Andreas Pyka, Pier Paolo Saviotti, Keun Lee, Kurt Dopfer, Franco Malerba, Sidney G. Winter, Cambridge University Press
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Author: Richard R. Nelson, Giovanni Dosi, Constance E. Helfat, Andreas Pyka, Pier Paolo Saviotti, Keun Lee, Kurt Dopfer, Franco Malerba, Sidney G. Winter ISBN: 9781108660785
Publisher: Cambridge University Press Publication: April 30, 2018
Imprint: Cambridge University Press Language: English
Author: Richard R. Nelson, Giovanni Dosi, Constance E. Helfat, Andreas Pyka, Pier Paolo Saviotti, Keun Lee, Kurt Dopfer, Franco Malerba, Sidney G. Winter
ISBN: 9781108660785
Publisher: Cambridge University Press
Publication: April 30, 2018
Imprint: Cambridge University Press
Language: English

Evolutionary economics sees the economy as always in motion with change being driven largely by continuing innovation. This approach to economics, heavily influenced by the work of Joseph Schumpeter, saw a revival as an alternative way of thinking about economic advancement as a result of Richard Nelson and Sidney Winter's seminal book, An Evolutionary Theory of Economic Change, first published in 1982. In this long-awaited follow-up, Nelson is joined by leading figures in the field of evolutionary economics, reviewing in detail how this perspective has been manifest in various areas of economic inquiry where evolutionary economists have been active. Providing the perfect overview for interested economists and social scientists, readers will learn how in each of the diverse fields featured, evolutionary economics has enabled an improved understanding of how and why economic progress occurs.

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Evolutionary economics sees the economy as always in motion with change being driven largely by continuing innovation. This approach to economics, heavily influenced by the work of Joseph Schumpeter, saw a revival as an alternative way of thinking about economic advancement as a result of Richard Nelson and Sidney Winter's seminal book, An Evolutionary Theory of Economic Change, first published in 1982. In this long-awaited follow-up, Nelson is joined by leading figures in the field of evolutionary economics, reviewing in detail how this perspective has been manifest in various areas of economic inquiry where evolutionary economists have been active. Providing the perfect overview for interested economists and social scientists, readers will learn how in each of the diverse fields featured, evolutionary economics has enabled an improved understanding of how and why economic progress occurs.

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