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Manifesto for Comprehensive Neo-Schumpeterian Economics

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Author Info
Horst Hanusch () (University of Augsburg, Department of Economics)
Andreas Pyka (University of Augsburg, Department of Economics)

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Abstract

Within the last 25 years large progress has been made in Neo-Schumpeterian Economics, this branch of economic science which deals with dynamic processes causing qualitative transformation of economies basically driven by the introduction of novelties. By its very nature, technological innovation is the most exponent and visible form of novelty. However, Neo-Schumpeterian Economics should be concerned with all facets of open and uncertain developments. A Comprehensive Neo-Schumpeterian approach has to consider not only transformation processes going on on the industry level of an economy, but also those on the public and monetary realms. Our manifesto introduces these extensions and complements towards a Comprehensive Neo-Schumpeterian economic theory, and develops some guideposts in the sense of a roadmap for necessary strands of analysis in the future.

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Publisher Info
Paper provided by Universitaet Augsburg, Institute for Economics in its series Discussion Paper Series with number 289.

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Length: pages
Date of creation: Dec 2006
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Handle: RePEc:aug:augsbe:0289

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Related research
Keywords: Neo-Schumpeterian economics; industrial dynamics; public finance; financial markets;

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Find related papers by JEL classification:
O30 - Economic Development, Technological Change, and Growth - - Technological Change - - - General
O40 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
L2 - Industrial Organization - - Firm Objectives, Organization, and Behavior
P0 - Economic Systems - - General
G10 - Financial Economics - - General Financial Markets - - - General (includes Measurement and Data)
B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Institutional; Evolutionary

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Malerba, Franco, 2002. "Sectoral systems of innovation and production," Research Policy, Elsevier, vol. 31(2), pages 247-264, February. [Downloadable!] (restricted)
  2. Pier Saviotti & Andreas Pyka, 2004. "Economic development by the creation of new sectors," Journal of Evolutionary Economics, Springer, vol. 14(1), pages 1-35, January. [Downloadable!] (restricted)
  3. Horst Hanusch & Andreas Pyka, 2005. "Principles of Neo-Schumpeterian Economics," Discussion Paper Series 278, Universitaet Augsburg, Institute for Economics. [Downloadable!]
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  4. Franco Malerba, 2005. "Sectoral systems of innovation: a framework for linking innovation to the knowledge base, structure and dynamics of sectors," Economics of Innovation and New Technology, Taylor and Francis Journals, vol. 14(1-2), pages 63-82, January. [Downloadable!] (restricted)
  5. Thomas Grebel & Andreas Pyka & Horst Hanusch, 2001. "An Evolutionary Approach to the Theory of Entrepreneurship," Discussion Paper Series 206, Universitaet Augsburg, Institute for Economics. [Downloadable!]
  6. Andreas Pyka & Giorgio Fagiolo, 2005. "Agent-Based Modelling: A Methodology for Neo-Schumpeterian Economics," Discussion Paper Series 272, Universitaet Augsburg, Institute for Economics. [Downloadable!]
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