Institutions and the Evolution of Capitalism: Implications of Evolutionary Economics - Hardcover

Hardcover

ISBN 10: 1840641606 ISBN 13: 9781840641608

Publisher: Edward Elgar Publishing Ltd, 1999

Synopsis

'Capitalism is Change'. This famous expression of Joseph Schumpeter was not only characteristic of his time, but is certainly relevant as we enter the twenty-first century. The transition of Eastern Europe and the former Soviet Union, the Asian crisis and European integration all characterise the continuous change of capitalism.

What is the role of entrepreneurs in capitalist society? How effective are technological policies in changing institutions? Are the economic systems of the United States, Europe and Asia converging? In answer to these questions distinguished contributors - including Paul Krugman - focus on the theoretical foundations of the evolution of capitalist institutions. They apply these theoretical insights to the firm, sectors and economic systems.

The combination of recent developments in theory with empirical studies will ensure that this book is essential reading for all those interested in evolutionary and institutional economics, political economy, technology policy, innovation and knowledge.

About this title

About the Author

Edited by John Groenewegen, Delft University of Technology, The Netherlands and Jack Vromen, Associate Professor in the Philosophy of Economics, Erasmus University Rotterdam, The Netherlands

Edition details

• Publisher: Edward Elgar Publishing Ltd
• Publication date: 1999
• Language: English
• ISBN 10: 1840641606
• ISBN 13: 9781840641608
• Binding: Hardcover
• Number of pages: 224
• Editor: Groenewegen John, Vromen Jack