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A Neo-Schumpeterian Approach towards Public Sector Economics

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

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Abstract

Innovation is the major driver of economic growth and development. To analyze innovation processes the restriction of a framework suited to the analysis of innovation towards the industrial sphere of an economy is not sufficient because of the important co-evolutionary dimensions of innovation. Instead, a comprehensive economic theoretical approach is needed which encompasses all spheres of economic life. This paper is filling this gap by introducing Comprehensive Neo-Schumpeterian Economics and the Neo-Schumpeterian approach towards public sector economics.

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Publisher Info
Paper provided by Universitaet Augsburg, Institute for Economics in its series Discussion Paper Series with number 306.

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Date of creation: Sep 2009
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Handle: RePEc:aug:augsbe:0306

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Related research
Keywords: innovation; uncertainty; public sector; co-evolution;

Other versions of this item:

Find related papers by JEL classification:
B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Institutional; Evolutionary
H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government
L2 - Industrial Organization - - Firm Objectives, Organization, and Behavior
O20 - Economic Development, Technological Change, and Growth - - Development Planning and Policy - - - General
P0 - Economic Systems - - General

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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. Horst Hanusch & Florian Wackermann, 2009. "Global Financial Crisis: Causes and Lessons - A Neo-Schumpeterian perspective," Discussion Paper Series 303, Universitaet Augsburg, Institute for Economics. [Downloadable!]
  2. Horst Hanusch & Andreas Pyka, 2007. "Principles of Neo-Schumpeterian Economics," Cambridge Journal of Economics, Oxford University Press, vol. 31(2), pages 275-289, March. [Downloadable!] (restricted)
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  3. Romer, Paul M, 1987. "Growth Based on Increasing Returns Due to Specialization," American Economic Review, American Economic Association, vol. 77(2), pages 56-62, May. [Downloadable!] (restricted)
  4. Lucas, Robert Jr., 1988. "On the mechanics of economic development," Journal of Monetary Economics, Elsevier, vol. 22(1), pages 3-42, July. [Downloadable!] (restricted)
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