Evolutionary theories of economic and technological change : present status and future prospects

Bibliographic Information

Evolutionary theories of economic and technological change : present status and future prospects

edited by P. Paolo Saviotti and J. Stanley Metcalfe

Harwood Academic, 1991

Available at  / 12 libraries

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"Contains several papers that were presented at a workshop on 'Evolutionary theories of economic and technological change' held in Manchester on 21 and 22 March 1989"--Pref

Includes bibliographical references and index

Description and Table of Contents

Description

Recently, evolutionary theories of economic and technological change have attracted a considerable amount of attention which reflects the problems encountered by mainstream analysis of dynamic phenomena and quantitative change. This book develops the current debate and draws on the concepts of evolutionary biology, nonequilibrium thermodynamics, systems and organization theory. While recognizing that new technology is not the cause of quantitative change, the editors claim it should play a more central role in economic theory and policy. At the same time, the ground is laid for a more generalized concept of innovation and experimentation and their relation to routine activities. The book is intended for economists.

Table of Contents

  • Present development and trends in evolutionary economics, P.P.Saviotti and J.S.Metcalfe
  • is there a general theory of biological evolution?, G.Mani
  • evolution in biology physics and economics - a conceptual analysis, M.Faber and J.L.R.Proops
  • organization and information in the evolution of economic systems, N.Clark
  • evolution and intention in economic theory, G.M.Hodgson
  • on some notions of irreversibility in economics, G.Dosi and J.S.Metcalfe
  • evolutionary human systems and learning, ignorance and subjectivity, P.M. Allen and M.Lesser
  • the role of variety in economic and technological development, P.P.Saviotti
  • a computer simulation of economic growth and technical progress in a multisectoral economy, S.Smith
  • econometric methodology in an environment of evolutionary change, J.Foster
  • innovation policy in an evolutionary context, K.Smith
  • some concluding notes.

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