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Elgar Companion to Neo-Schumpeterian Economics
The Elgar Companion to Neo-Schumpeterian Economics is a cutting-edge collection of specially commissioned contributions highlighting not only the broad scope but also the common ground between all branches of this prolific and fast developing field of economics.
More Information
Contributors
Contents
More Information
The Elgar Companion to Neo-Schumpeterian Economics is a cutting-edge collection of specially commissioned contributions highlighting not only the broad scope but also the common ground between all branches of this prolific and fast developing field of economics.
For 25 years economists have been investigating industrial dynamics under the heading of neo-Schumpeterian economics, which has itself become a mature and widely acknowledged discipline in the fields of innovation, knowledge, growth and development economics. The Elgar Companion to Neo-Schumpeterian Economics surveys the achievements of the most visible scholars in this area. The contributions to the Companion give both a brief survey on the various fields of neo-Schumpeterian economics as well as insights into recent research at the scientific frontiers. The book also illustrates the potential of neo-Schumpeterian economics to overcome its so far self-imposed restriction to the domains of technology driven industry dynamics, and to become a comprehensive approach in economics suited for the analysis of development processes in all economic domains. Integrating both the public sector and financial markets, the book focusses on the co-evolutionary processes between the different domains.
As a roadmap for the development of a comprehensive neo-Schumpeterian theory, the Companion will be an invaluable source of reference for researchers in the fields of industrial dynamics and economic growth, and academics and scholars of economics generally. PhD students will find the Companion an indispensable general introduction to the field of neo-Schumpeterian economics. It will also appeal to politicians and consultants engaged in national and international policy as the Companion deals with the highly important and ever topical phenomena of economic development.
For 25 years economists have been investigating industrial dynamics under the heading of neo-Schumpeterian economics, which has itself become a mature and widely acknowledged discipline in the fields of innovation, knowledge, growth and development economics. The Elgar Companion to Neo-Schumpeterian Economics surveys the achievements of the most visible scholars in this area. The contributions to the Companion give both a brief survey on the various fields of neo-Schumpeterian economics as well as insights into recent research at the scientific frontiers. The book also illustrates the potential of neo-Schumpeterian economics to overcome its so far self-imposed restriction to the domains of technology driven industry dynamics, and to become a comprehensive approach in economics suited for the analysis of development processes in all economic domains. Integrating both the public sector and financial markets, the book focusses on the co-evolutionary processes between the different domains.
As a roadmap for the development of a comprehensive neo-Schumpeterian theory, the Companion will be an invaluable source of reference for researchers in the fields of industrial dynamics and economic growth, and academics and scholars of economics generally. PhD students will find the Companion an indispensable general introduction to the field of neo-Schumpeterian economics. It will also appeal to politicians and consultants engaged in national and international policy as the Companion deals with the highly important and ever topical phenomena of economic development.
Contributors
Contributors: Z.J. Acs, P.M. Allen, E.S. Andersen, C. Antonelli, W.B. Arthur, D. Audretsch, M. Augier, M. Balzat, S. Berninghaus, T. Brenner, U. Cantner, B. Carlsson, P. Cooke, C. Cordes, R.H. Day, E. Dinopoulos, M. Dodgson, K. Dopfer, G. Dosi, G. Eliasson, G. Erdmann, J. Fagerberg, G. Fagiolo, D. Foray, J. Foster, C. Freeman, K. Frenken, J.-L. Gaffard, T. Grebel, M. Gruber, H. Grupp, W. Güth, J. Hagedoorn, H. Hanappi, H. Hanusch, E. Helmstädter, K.-i. Imai, A. Kleinknecht, J.
Krafft, J.J. Krüger, W. Kwasnicki, J. Lesourne, B.J. Loasby, B. Los, F. Louçã, B.-Å. Lundvall, F. Malerba, J.A. Mathews, M. McKelvey, J.S. Metcalfe, C.W.M. Naastepad, R.R. Nelson, J. Nill, B. Nooteboom, L. Orsenigo, M. Peneder, C. Perez, M. Perlman, A. Pyka, F. Rahmeyer, N. Roijakkers, C. Sartorius, P.P. Saviotti, N. Schall, F.M. Scherer, H. Schnabl, F. Sener, Y. Shionoya, H. Siebert, G. Silverberg, P. Stoneman, M. Sylos Labini, D.J. Teece, A.R. Thurik, B. Verspagen, M. Vivarelli, M. Weber, C. Werker, P. Windrum, U. Witt, S. Zundel
Krafft, J.J. Krüger, W. Kwasnicki, J. Lesourne, B.J. Loasby, B. Los, F. Louçã, B.-Å. Lundvall, F. Malerba, J.A. Mathews, M. McKelvey, J.S. Metcalfe, C.W.M. Naastepad, R.R. Nelson, J. Nill, B. Nooteboom, L. Orsenigo, M. Peneder, C. Perez, M. Perlman, A. Pyka, F. Rahmeyer, N. Roijakkers, C. Sartorius, P.P. Saviotti, N. Schall, F.M. Scherer, H. Schnabl, F. Sener, Y. Shionoya, H. Siebert, G. Silverberg, P. Stoneman, M. Sylos Labini, D.J. Teece, A.R. Thurik, B. Verspagen, M. Vivarelli, M. Weber, C. Werker, P. Windrum, U. Witt, S. Zundel
Contents
Contents:
Introduction
Horst Hanusch and Andreas Pyka
PART I: FROM SCHUMPETER’S UNIVERSAL SOCIAL SCIENCES TO NEO-SCHUMPETERIAN THINKING
1. Schumpeter, Joseph Alois (1883–1950)
H. Hanusch and A. Pyka
2. Schumpeter’s View on Methodology: Their Source and Their Evolution
M. Perlman
3. Schumpeterian Universal Social Science
Y. Shionoya
4. The Pillars of Schumpeter’s Economics: Micro, Meso, Macro
K. Dopfer
5. Reflections on Schumpeter’s ‘Lost’ Seventh Chapter to the Theory of Economic Development
J.A. Mathews
6. ‘Schumpeterian Capitalism’ in Capitalist Development: Toward a Synthesis of Capitalist Development and the ‘Economy as a Whole’
Z.J. Acs
7. The Neo-Schumpeterian Element in the Sociological Analysis of Innovation
M. Weber
8. A Schumpeterian Renaissance?
C. Freeman
PART II: NEO-SCHUMPETERIAN MESO DYNAMICS: THEORY
2.1. Essentials of Innovation Processes
2.1.1 Entrepreneurship, Firms and Networks
9. Neo-Schumpetarian Perspectives in Entreprenurship Research
T. Grebel
10. From a Routine-based to a Knowledge-based View: Towards an Evolutionary Theory of the Firm
F. Rahmeyer
11. Managing the Process of New Venture Creation: An Integrative Perspective
M. Gruber
12. Technological Collaboration
M. Dodgson
13. Strategic and Organizational Understanding of Inter-firm Partnerships and Networks
N. Roijakkers and J. Hagedoorn
14. The Models of the Managed and Entrepreneurial Economies
D. Audretsch and A.R. Thurik
2.1.2. Knowledge and Competencies
15. Tacit and Codified Knowledge
D. Foray
16. Localized Technological Change
C. Antonelli
17. Competencies, Capabilities and the Neo-Schumpeterian Tradition
M. Augier and D.J. Teece
18. Firm Organization
B.J. Loasby
19. The Role of Knowledge in the Schumpeterian Economy
E. Helmstädter
20. Selection, Learning and Schumpeterian Dynamics: A Conceptual Debate
U. Witt and C. Cordes
2.1.3. Innovation Processes and Patterns
21. Technological Paradigms and Trajectories
G. Dosi and M. Sylos Labini
22. Schumpeterian Patterns of Innovation and Technological Regimes
F. Malerba
23. Innovation Networks
A. Pyka
24. Technological Diffusion: Aspects of Self-Propagation as a Neo-Schumpeterian Characteristic
P. Stoneman
2.2. Modelling Industry Dynamics
25. Schumpeterian Modelling
W. Kwasnicki
26. Neo-Schumpeterian Simulation Models
P. Windrum
27. Replicator Dynamics
J.S. Metcalfe
28. ‘History-Friendly’ Models of Industry Evolution
L. Orsenigo
29. Agent-based Modelling: A Methodology for Neo-Schumpetarian Economics
A. Pyka and G. Fagiolo
PART III: NEO-SCHUMPETERIAN MESO DYNAMICS: EMPIRICS
3.1. Measuring Industry Dynamics
30. Empirical Tools for the Analysis of Technological Heterogeneity and Change: Some Basic Building Blocks of ‘Evolumetrics’
U. Cantner and J.J. Krüger
31. Typology of Science and Technology Indicators
H. Grupp
32. Sectoral Taxonomies: Identifying Competitive Regimes by Statistical Cluster Analysis
M. Peneder
33. Entropy Statistics and Information Theory
K. Frenken
34. A Methodology to Identify Local Industrial Clusters and its Application to Germany
T. Brenner
35. Technology Spillovers and their Impact on Productivity
B. Los and B. Verspagen
3.2. Case and Industry Studies
36. The Japanese System from the Neo-Schumpeterian Perspective
K. Imai
37. Biotechnology Industries
M. McKelvey
38. Telecommunications, the Internet and Mr Schumpeter
J. Krafft
39. Innovation in Services
P. Windrum
40. Flexible Labour Markets and Labour Productivity Growth: Is There a Trade-off?
A. Kleinknecht and C.W.M. Naastepad
PART IV: NEO-SCHUMPETERIAN MACRO DYNAMICS: GROWTH AND DEVELOPMENT
4.1. Growth
41. Schumpeter and the Micro-foundations of Endogenous Growth
F.M. Scherer
42. New Directions in Schumpeterian Growth Theory
E. Dinopoulos and F. Sener
43. The Dynamics of Technology, Growth and Trade: A Schumpeterian Perspective
J. Fagerberg
44. Innovation and Employment
M. Vivarelli
45. Macro-Econometrics
J. Foster
4.2. Development
46. The Mechanisms of Economic Evolution: Completing Schumpeter’s Theory
R.H. Day
47. Innovation and Demand
E.S. Andersen
48. Long Waves, the Pulsation of Modern Capitalism
F. Louçã
49. Finance and Technical Change: A Long-term View
C. Perez
50. Long Waves: Conceptual, Empirical and Modelling Issues
G. Silverberg
51. Qualitative Change and Economic Development
P.P. Saviotti
52. Understanding Economic Growth as the Central Task of Economic Analysis
R.R. Nelson
PART V: NEO-SCHUMPETERIAN ECONOMICS AND THE SYSTEMIC VIEW
53. Innovation Systems: A Survey of the Literature from a Schumpeterian Perspective
B. Carlsson
54. National Innovation Systems: From List to Freeman
B.-Å. Lundvall
55. Catching a Glimpse on National Systems of Innovation: The Input–Output Approach
H. Schnabl
56. Schumpeter and Varieties of Innovation: Lessons from the Rise of Regional Innovation Systems Research
P. Cooke and N. Schall
57. Fundamentals of the Concept of National Innovation Systems
M. Balzat and H. Hanusch
PART VI: RESEARCH AND TECHNOLOGY POLICY
58. Policy for Innovation
J.S. Metcalfe
59. Growth Policy
H. Siebert
60. Time Strategies in Innovation Policy
G. Erdmann, J. Nill, C. Sartorius and S. Zundel
61. Macroeconomic Policy
H. Hanappi
PART VII: THE IMPACT OF NEO-SCHUMPETERIAN THINKING ON DIFFERENT FIELDS
62. Schumpeter’s Influence on Game Theory
J. Lesourne
63. Transaction Costs, Innovation and Learning
B. Nooteboom
64. Austrian Economics and Innovation
J.-L. Gaffard
65. On Austrian-Schumpeterian Economics and the Swedish Growth School
G. Eliasson
66. Experimental Economics
S. Berninghaus and W. Güth
67. Complexity and the Economy
W.B. Arthur
68. Self-organization in Economic Systems
P.M. Allen
69. Regional Economics and Economic Geography from a Neo-Schumpeterian Perspective
C. Werker
70. A Roadmap to Comprehensive Neo-Schumpeterian Economics
H. Hanusch and A. Pyka
Index
Introduction
Horst Hanusch and Andreas Pyka
PART I: FROM SCHUMPETER’S UNIVERSAL SOCIAL SCIENCES TO NEO-SCHUMPETERIAN THINKING
1. Schumpeter, Joseph Alois (1883–1950)
H. Hanusch and A. Pyka
2. Schumpeter’s View on Methodology: Their Source and Their Evolution
M. Perlman
3. Schumpeterian Universal Social Science
Y. Shionoya
4. The Pillars of Schumpeter’s Economics: Micro, Meso, Macro
K. Dopfer
5. Reflections on Schumpeter’s ‘Lost’ Seventh Chapter to the Theory of Economic Development
J.A. Mathews
6. ‘Schumpeterian Capitalism’ in Capitalist Development: Toward a Synthesis of Capitalist Development and the ‘Economy as a Whole’
Z.J. Acs
7. The Neo-Schumpeterian Element in the Sociological Analysis of Innovation
M. Weber
8. A Schumpeterian Renaissance?
C. Freeman
PART II: NEO-SCHUMPETERIAN MESO DYNAMICS: THEORY
2.1. Essentials of Innovation Processes
2.1.1 Entrepreneurship, Firms and Networks
9. Neo-Schumpetarian Perspectives in Entreprenurship Research
T. Grebel
10. From a Routine-based to a Knowledge-based View: Towards an Evolutionary Theory of the Firm
F. Rahmeyer
11. Managing the Process of New Venture Creation: An Integrative Perspective
M. Gruber
12. Technological Collaboration
M. Dodgson
13. Strategic and Organizational Understanding of Inter-firm Partnerships and Networks
N. Roijakkers and J. Hagedoorn
14. The Models of the Managed and Entrepreneurial Economies
D. Audretsch and A.R. Thurik
2.1.2. Knowledge and Competencies
15. Tacit and Codified Knowledge
D. Foray
16. Localized Technological Change
C. Antonelli
17. Competencies, Capabilities and the Neo-Schumpeterian Tradition
M. Augier and D.J. Teece
18. Firm Organization
B.J. Loasby
19. The Role of Knowledge in the Schumpeterian Economy
E. Helmstädter
20. Selection, Learning and Schumpeterian Dynamics: A Conceptual Debate
U. Witt and C. Cordes
2.1.3. Innovation Processes and Patterns
21. Technological Paradigms and Trajectories
G. Dosi and M. Sylos Labini
22. Schumpeterian Patterns of Innovation and Technological Regimes
F. Malerba
23. Innovation Networks
A. Pyka
24. Technological Diffusion: Aspects of Self-Propagation as a Neo-Schumpeterian Characteristic
P. Stoneman
2.2. Modelling Industry Dynamics
25. Schumpeterian Modelling
W. Kwasnicki
26. Neo-Schumpeterian Simulation Models
P. Windrum
27. Replicator Dynamics
J.S. Metcalfe
28. ‘History-Friendly’ Models of Industry Evolution
L. Orsenigo
29. Agent-based Modelling: A Methodology for Neo-Schumpetarian Economics
A. Pyka and G. Fagiolo
PART III: NEO-SCHUMPETERIAN MESO DYNAMICS: EMPIRICS
3.1. Measuring Industry Dynamics
30. Empirical Tools for the Analysis of Technological Heterogeneity and Change: Some Basic Building Blocks of ‘Evolumetrics’
U. Cantner and J.J. Krüger
31. Typology of Science and Technology Indicators
H. Grupp
32. Sectoral Taxonomies: Identifying Competitive Regimes by Statistical Cluster Analysis
M. Peneder
33. Entropy Statistics and Information Theory
K. Frenken
34. A Methodology to Identify Local Industrial Clusters and its Application to Germany
T. Brenner
35. Technology Spillovers and their Impact on Productivity
B. Los and B. Verspagen
3.2. Case and Industry Studies
36. The Japanese System from the Neo-Schumpeterian Perspective
K. Imai
37. Biotechnology Industries
M. McKelvey
38. Telecommunications, the Internet and Mr Schumpeter
J. Krafft
39. Innovation in Services
P. Windrum
40. Flexible Labour Markets and Labour Productivity Growth: Is There a Trade-off?
A. Kleinknecht and C.W.M. Naastepad
PART IV: NEO-SCHUMPETERIAN MACRO DYNAMICS: GROWTH AND DEVELOPMENT
4.1. Growth
41. Schumpeter and the Micro-foundations of Endogenous Growth
F.M. Scherer
42. New Directions in Schumpeterian Growth Theory
E. Dinopoulos and F. Sener
43. The Dynamics of Technology, Growth and Trade: A Schumpeterian Perspective
J. Fagerberg
44. Innovation and Employment
M. Vivarelli
45. Macro-Econometrics
J. Foster
4.2. Development
46. The Mechanisms of Economic Evolution: Completing Schumpeter’s Theory
R.H. Day
47. Innovation and Demand
E.S. Andersen
48. Long Waves, the Pulsation of Modern Capitalism
F. Louçã
49. Finance and Technical Change: A Long-term View
C. Perez
50. Long Waves: Conceptual, Empirical and Modelling Issues
G. Silverberg
51. Qualitative Change and Economic Development
P.P. Saviotti
52. Understanding Economic Growth as the Central Task of Economic Analysis
R.R. Nelson
PART V: NEO-SCHUMPETERIAN ECONOMICS AND THE SYSTEMIC VIEW
53. Innovation Systems: A Survey of the Literature from a Schumpeterian Perspective
B. Carlsson
54. National Innovation Systems: From List to Freeman
B.-Å. Lundvall
55. Catching a Glimpse on National Systems of Innovation: The Input–Output Approach
H. Schnabl
56. Schumpeter and Varieties of Innovation: Lessons from the Rise of Regional Innovation Systems Research
P. Cooke and N. Schall
57. Fundamentals of the Concept of National Innovation Systems
M. Balzat and H. Hanusch
PART VI: RESEARCH AND TECHNOLOGY POLICY
58. Policy for Innovation
J.S. Metcalfe
59. Growth Policy
H. Siebert
60. Time Strategies in Innovation Policy
G. Erdmann, J. Nill, C. Sartorius and S. Zundel
61. Macroeconomic Policy
H. Hanappi
PART VII: THE IMPACT OF NEO-SCHUMPETERIAN THINKING ON DIFFERENT FIELDS
62. Schumpeter’s Influence on Game Theory
J. Lesourne
63. Transaction Costs, Innovation and Learning
B. Nooteboom
64. Austrian Economics and Innovation
J.-L. Gaffard
65. On Austrian-Schumpeterian Economics and the Swedish Growth School
G. Eliasson
66. Experimental Economics
S. Berninghaus and W. Güth
67. Complexity and the Economy
W.B. Arthur
68. Self-organization in Economic Systems
P.M. Allen
69. Regional Economics and Economic Geography from a Neo-Schumpeterian Perspective
C. Werker
70. A Roadmap to Comprehensive Neo-Schumpeterian Economics
H. Hanusch and A. Pyka
Index
