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Evolutionary Economics and Creative Destruction

Evolutionary Economics and Creative Destruction

J.Stanley Metcalfe
3.6/5 (3 ratings)
The central theme of this book is competition treated as an evolutionary process in which the focus is upon economic change and not economic equilibrium. This theme is explored by linking together differences in economic behaviour with the role of markets as co-ordinating institutions. In this picture innovation plays a central role as a primary source of differential behaviour of firms and the purpose of the book is to identify the consequences of these differences for competition and competitive advantage.
Language
English
Pages
168
Format
Paperback
Publisher
Routledge
Release
April 06, 2006
ISBN
041540648X
ISBN 13
9780415406482

Evolutionary Economics and Creative Destruction

J.Stanley Metcalfe
3.6/5 (3 ratings)
The central theme of this book is competition treated as an evolutionary process in which the focus is upon economic change and not economic equilibrium. This theme is explored by linking together differences in economic behaviour with the role of markets as co-ordinating institutions. In this picture innovation plays a central role as a primary source of differential behaviour of firms and the purpose of the book is to identify the consequences of these differences for competition and competitive advantage.
Language
English
Pages
168
Format
Paperback
Publisher
Routledge
Release
April 06, 2006
ISBN
041540648X
ISBN 13
9780415406482

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