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Evolutionary innovations: learning, entrepreneurship and the dynamics of the firm

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Author Info
Maureen McKelvey () (Department of Technology and Social Change, University of Link, ping, S-581 83 Link, ping, Sweden)
Abstract

This article discusses the three concepts of `learning', `entrepreneurship' and `dynamics of the firm' in order to bridge some of the gap between micro and macro levels of analysis in evolutionary economics. This article addresses the following four issues: 1) Localized learning dependent on the extent to which knowledge is individual vs. collective, 2) Entrepreneurship distributed in systems of innovation, 3) Entrepreneurs changing selection criteria, and 4) Rationality vs. uncertainty affecting the dynamics of firms.

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Publisher Info
Article provided by Springer in its journal Journal of Evolutionary Economics.

Volume (Year): 8 (1998)
Issue (Month): 2 ()
Pages: 157-175
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Handle: RePEc:spr:joevec:v:8:y:1998:i:2:p:157-175

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Related research
Keywords: Evolutionary economics ; Learning ; Entrepreneurship ; Firm dynamics ; Biotechnology ; Systems of innovation ; Tacit knowledge;

Find related papers by JEL classification:
O31 - Economic Development, Technological Change, and Growth - - Technological Change - - - Innovation and Invention: Processes and Incentives
L65 - Industrial Organization - - Industry Studies: Manufacturing - - - Chemicals; Rubber; Drugs; Biotechnology

Cited by:
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  1. Julien Pénin, 2008. "More open than open innovation? Rethinking the concept of openness in innovation studies," Working Papers of BETA 2008-18, Bureau d'Economie Théorique et Appliquée, ULP, Strasbourg. [Downloadable!]
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This page was last updated on 2009-12-10.


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