Long Term Economic Development

1. Front Matter

   Pages i-vi

   PDF

2. Introduction

   • Andreas Pyka, Esben Sloth Andersen

   Pages 1-7

3. Schumpeter’s Core Works Revisited

   • Esben Sloth Andersen

   Pages 9-31

4. Back to Engel? Some Evidence for the Hierarchy of Needs

   • Andreas Chai, Alessio Moneta

   Pages 33-59

5. Technological Regimes and Demand Structure in the Evolution of the Pharmaceutical Industry

   • Christian Garavaglia, Franco Malerba, Luigi Orsenigo, Michele Pezzoni

   Pages 61-94

6. Innovation and Demand in Industry Dynamics: R&D, New Products and Profits

   • Francesco Bogliacino, Mario Pianta

   Pages 95-112

7. Production and financial linkages in inter-firm networks: structural variety, risk-sharing and resilience

   • Giulio Cainelli, Sandro Montresor, Giuseppe Vittucci Marzetti

   Pages 113-136

8. Does History Matter? Empirical Analysis of Evolutionary Versus Stationary Equilibrium Views of the Economy

   • Kenneth I. Carlaw, Richard G. Lipsey

   Pages 137-174

9. Innovation, Real Primary Commodity Prices and Business Cycles

   • Harry Bloch, David Sapsford

   Pages 175-189

10. Knowledge Flows in High-Tech Industry Clusters: Dissemination Mechanisms and Innovation Regimes

    • Bo Carlsson

    Pages 191-221

11. The International Diffusion of Biotechnology: the Arrival of Developing Countries

    • Jorge Niosi, Petr Hanel, Susan Reid

    Pages 223-241

12. The Internet as a Global Production Reorganizer: The Old Industry in the New Economy

    • Gunnar Eliasson

    Pages 243-271

13. Looking Around: The Smart Way of Italian SMEs to Innovate

    • Piergiuseppe Morone, Carmelo Petraglia, Giuseppina Testa

    Pages 273-294

14. Strategic Fit Between Regional Innovation Policy and Regional Innovation Systems: The Case of Local Public Technology Centers in Japan

    • Nobuya Fukugawa

    Pages 295-311

15. Schumpeterian Patterns of Innovation and the Sources of Breakthrough Inventions: Evidence from a Data-set of R&D Awards

    • Roberto Fontana, Alessandro Nuvolari, Hiroshi Shimizu, Andrea Vezzulli

    Pages 313-340

16. R&D, Patents and Stock Return Volatility

    • Mariana Mazzucato, Massimiliano Tancioni

    Pages 341-362

17. On Profit Differentials Between Persistent and Occasional Innovators: New Evidences from a Random-Coefficient Treatment Model

    • Giovanni Cerulli, Bianca Potì

    Pages 363-393

18. Financial Factors and Patents

    • Gustav Martinsson, Hans Lööf

    Pages 395-416

19. Building Systems

    • Brian J. Loasby

    Pages 417-430

20. What Causes Creative Destruction?

    • Michael Joffe

    Pages 431-438

The book gives an overview of important research topics recently addressed in evolutionary Neo-Schumpeterian Economics. The list of research questions and applications of Neo-Schumpeterian reasoning impressively demonstrates the rich possibilities ranging from theoretical issues addressing human behaviour to applied areas like the emergence of biotechnology in developing countries, the role of innovation on financial markets and the R&D strategies of multinational enterprises. The chapters in this book bring together a rich set of new analytical and empirical methodologies which allow for new relevant and rigorous insights in innovation processes which are responsible for economic development and structural change.​

• Evolutionary Economics
• Innovation Networks
• Innovation and Demand
• Neo-Schumpeterian Economics

• , Lehrstuhl für Innovationsökonomik, University of Hohenheim, Stuttgart, Germany

  Andreas Pyka

• , Department of Business and Management, Aalborg University, Aalborg East, Denmark

  Esben Sloth Andersen

Andreas Pyka graduated in Economics at the University of Augsburg in 1998 and spent afterwards two years as a Post Doc in Grenoble, France participating an European research project on innovation networks. Following the Post Doc he worked as an assistant professor at the University of Augsburg. His fields of research are Neo-Schumpeterian Economics and Evolutionary Economics with a special emphasis on numerical techniques of analysing dynamic processes of qualitative change and structural development. From October 2006 to March 2009 he worked at the University of Bremen as Professor in Economic Theory. Since April 2009 Andreas Pyka holds the chair for innovation economics at the University of Hohenheim, Stuttgart. Esben Sloth Andersen is professor of economics at the Department of Business and Management, Aalborg University in Denmark. He teaches general economics and evolutionary economics in BA, MA, and PhD programmes. He is a member of the department's IKE Group on Innovation, Knowledge and Economic dynamics, and of the Danish Research Unit for Industrial Dynamics (DRUID).

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