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  • © 2017

Foundations of Economic Change

A Schumpeterian View on Behaviour, Interaction and Aggregate Outcomes

  • Introduces the latest approaches in the analysis of economic change
  • Discusses a broad variety of approaches in modern evolutionary economics
  • Combines theoretical insights with cutting-edge empirical analysis

Part of the book series: Economic Complexity and Evolution (ECAE)

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Table of contents (21 chapters)

  1. Front Matter

    Pages i-vii
  2. Foundations of Economic Change

    1. Front Matter

      Pages 7-7
  3. Behaviour

    1. Front Matter

      Pages 233-233
    2. Confounded, Augmented and Constrained Replicator Dynamics

      • Jacob Rubæk Holm, Esben Sloth Andersen, J. Stanley Metcalfe
      Pages 235-255
    3. The Journey of Innovation

      • Jorge Niosi
      Pages 269-282
    4. Schumpeterian Incumbents and Industry Evolution

      • Guido Buenstorf
      Pages 283-297
    5. Incremental by Design? On the Role of Incumbents in Technology Niches

      • Daniel S. Hain, Roman Jurowetzki
      Pages 299-332
  4. Interaction

    1. Front Matter

      Pages 355-355

About this book

The book illustrates the considerable advances in modern evolutionary economics and addresses core questions of economic behaviour, interaction of heterogeneous actors in uncertain environments and the possibility of aggregating observations on a macro-economic level. It presents the foundations of economic change as the major building blocks of an economic approach that focusses on complex processes driven by endogenous innovation as well as crisis. The theoretical considerations are complemented by econometric studies to demonstrate the relevance of evolutionary-economic thinking to improve our understanding of the most challenging issues related to economic growth and development.

Editors and Affiliations

  • University of Hohenheim, Stuttgart, Germany

    Andreas Pyka

  • Department of Economics, Friedrich Schiller University Jena, Jena, Germany

    Uwe Cantner

Bibliographic Information

Buy it now

Buying options

eBook USD 139.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 179.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book USD 179.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access