Foundations of Post-Schumpeterian Economics: Innovation, Institutions and Finance
Foundations of Post-Schumpeterian Economics: Innovation, Institutions and Finance
- Condition: Brand new
- UK Delivery times: Usually arrives within 2 - 3 working days
- UK Shipping: Fee starts at £2.39. Subject to product weight & dimension
Couldn't load pickup availability
ExcellentEvery order you place qualifies you to win books of your choosing to the value of £500. You will be entered into our prize draw automatically.
UK residents only. Must be 18 years old or over. Ends 30 April.
The neo-Schumpeterian interpretation of evolutionary economics focuses on technological innovation,Darwinian evolution,and economic growth,but its limits are becoming apparent as the field engages with inequality,financialization,and economic fragility. This book offers a complementary interpretation of Schumpeters theory that emphasizes economic innovation,Bergsonian creative evolution,and monetary mechanisms and institutions. It provides a conceptual separation of economic and technological innovation,integrates monetary and financial elements into the theory of development,and offers a post-Schumpeterian theory of capitalist crisis. The interpretation highlights the opportunities unlocked by a pluralist approach to disciplinary development,aiming to develop a comprehensive post-Schumpeterian approach to economics.
Format: Paperback / softback
Length: 270 pages
Publication date: 01 August 2022
Publisher: Taylor & Francis Ltd
The neo-Schumpeterian interpretation that has dominated the field of evolutionary economics for the past forty years has been a fertile ground for research. However, as the evolutionary school seeks to engage with a world characterized by inequality, financialization, and economic fragility, the limitations of this interpretation become apparent. In response, this book offers a complementary interpretation of Schumpeter's theory, which is based on economic innovation, Bergsonian creative evolution, and monetary mechanisms and institutions.
The theoretical implications of this new interpretation are profound and far-reaching. Firstly, it establishes a clear distinction between economic and technological innovation, recognizing their distinct roles in the process of development. Secondly, it integrates monetary and financial elements more deeply into the theory of development, highlighting the adaptive and planning role played by financial speculation under capitalist conditions. Thirdly, it provides the foundations for a post-Schumpeterian theory of capitalist crisis, emphasizing the relationship between innovation funding, the institutional development of banking, and speculative credit creation. Finally, by discussing several key recent developments in evolutionary economics, the interpretation illustrates the opportunities unlocked by a pluralist approach to disciplinary development, aiming to develop a comprehensive post-Schumpeterian approach to economics.
This text is a must-read for scholars and students of Schumpeter, evolutionary economics, post-Keynesian economics, institutional economics, and all economists interested in the ontological, methodological, and theoretical challenges facing the field. By offering a complementary interpretation of Schumpeter's theory, this book contributes to the development of a more balanced and comprehensive understanding of economic growth and development.
Weight: 530g
Dimension: 234 x 156 (mm)
ISBN-13: 9780367679606
This item can be found in:
UK and International shipping information
UK and International shipping information
UK Delivery and returns information:
- Delivery within 2 - 3 days when ordering in the UK.
- Shipping fee for UK customers from £2.39. Fully tracked shipping service available.
- Returns policy: Return within 30 days of receipt for full refund.
International deliveries:
Shulph Ink now ships to Australia, Canada, France, Germany, New Zealand and the United States of America.
- Delivery times: within 5 - 20 business days when ordering to France, Germany, Canada and the United States. Up to 30 business days for Australia and New Zealand.
- Shipping fee: charges vary for overseas orders. Only tracked services are available for international orders.
- Customs charges: If ordering to addresses outside the United Kingdom, you may or may not incur additional customs fees during local delivery.
