In exploring the microfoundations of economic growth, the contributors to Microfoundations of Economic Growth focus on three subjects that were of profound interest to the great Austrian and Harvard economist, Joseph A. Schumpeter: innovation, technological change, and economic growth. Here economic growth is approached from the vantage point of individual firms and industries. Most analysis of innovation takes place at the firm or industry level, while discussion of economic growth takes place at an economy-wide level. The ...
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In exploring the microfoundations of economic growth, the contributors to Microfoundations of Economic Growth focus on three subjects that were of profound interest to the great Austrian and Harvard economist, Joseph A. Schumpeter: innovation, technological change, and economic growth. Here economic growth is approached from the vantage point of individual firms and industries. Most analysis of innovation takes place at the firm or industry level, while discussion of economic growth takes place at an economy-wide level. The first part of the volume examines institutions, markets, and entrepreneurs, without which analysis of the firm makes little or no sense. The second part focuses on the firm as innovator, placing heavy emphasis on the role of knowledge formation. The subjects of innovation and knowledge formation are approached from three perspectives: theoretical; industry (case) studies; and empirical (cross section and panel data) analysis. In the third part of the book the action moves from the firm to the "macro" or economy-wide level. The volume's unique feature is in combining a look at institutions and the innovative behavior of firms with an intuitively dynamic, macroeconomic analysis, all from a Schumpeterian perspective. The contributors argue that the study of microinstitutions, such as firms and the evolving nature of markets, is necessary for understanding macro-oriented phenomena such as economic growth. It is in this sense, then, that the book is concerned with microfoundations. Sixth in a series of volumes to spring from the biennial meeting of the International Schumpeter Society, this collection draws together the main themes of the sixth meeting held in Stockholm, Sweden, in June 1996. The society, founded in 1986, is a group of economists who work to promote the scientific study of the problems of economic development and innovation along the lines suggested by Joseph Alois Schumpeter.
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Seller's Description:
Very Good in Very Good jacket. Text is unmarked; pages are bright, though the page edges are lightly age toned. Binding is tight and square. Dust jacket shows just a little edgewear and the front flap is creased. 443pp.
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Very Good in Very Good jacket. 61/2x91/2. 444 page hardcover-with many contributors. Selected papers from the sixth biennial conference of the International Schumpeter Society held in Stockholm, June 3-5, 1996. Table and figure illustrations in most papers. Dust jacket is bright, complete and clean. Full charcoal gray cloth exterior with title on spine in gold. Interior is unmarked, tight and clean.
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New. Trade paperback (US). Glued binding. 454 p. In Stock. 100% Money Back Guarantee. Brand New, Perfect Condition, allow 4-14 business days for standard shipping. To Alaska, Hawaii, U.S. protectorate, P.O. box, and APO/FPO addresses allow 4-28 business days for Standard shipping. No expedited shipping. All orders placed with expedited shipping will be cancelled. Over 3, 000, 000 happy customers.