"MANIFESTO" FOR COMPREHENSIVE NEO-SCHUMPETERIAN ECONOMICS

Within the last 25 years large progress has been made in Neo-Schumpeterian Economics, that branch of economic science which deals with dynamic processes causing qualitative transformation of economies basically driven by the introduction of novelties. By its very nature, technological innovation is...

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Published in:History of economic ideas Vol. 15; no. 1; pp. 23 - 41
Main Authors: Hanusch, Horst, Pyka, Andreas
Format: Journal Article
Language:English
Published: Fabrizio Serra · Editore 01-01-2007
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Summary:Within the last 25 years large progress has been made in Neo-Schumpeterian Economics, that branch of economic science which deals with dynamic processes causing qualitative transformation of economies basically driven by the introduction of novelties. By its very nature, technological innovation is the most exponent and visible form of novelty. However, Neo-Schumpeterian Economics should be concerned with all facets of open and uncertain developments. A Comprehensive Neo-Schumpeterian approach has to consider not only transformation processes going on on the industry level of an economy, but also those on the public and monetary realms. Our manifesto introduces these extensions and complements towards a Comprehensive Neo-Schumpeterian Economic Theory, and develops some guideposts in the sense of a roadmap for necessary strands of analysis in the future.
ISSN:1122-8792
1724-2169