Routines and leadership in Schumpeter and von Mises' analysis of economic change
AbstractThe purpose of our contribution is to analyse the notion of routine as it is developed in recent economic literature in the light of two past economists, Joseph Schumpeter and Ludwig von Mises. We will focus on one peculiar feature put forward by the two Austrian economists, namely, on the distinction between adaptive / routine-minded behaviour on one side, and active / creative behaviour on the other. According to us, this feature is worth emphasizing since it permits to shed some new light on the long disputed Nelson and Winter's conception of routines. Our conjecture is that if Nelson and Winter had taken up the aforementioned distinction, they would have developed a richer view of economic behaviour and of its interweaving within the firm or the social environment.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by HAL in its series Post-Print with number halshs-00271338.
Date of creation: 2007
Date of revision:
Publication status: Published, The Conference Proceedings on "Economics and Institutions". Contributions from the history of economic thought, Franco Angeli (Ed.), 2007, 295-316
Note: View the original document on HAL open archive server: http://halshs.archives-ouvertes.fr/halshs-00271338/en/
Contact details of provider:
Web page: http://hal.archives-ouvertes.fr/
Routines; Schumpeter; von Mises;
This paper has been announced in the following NEP Reports:
- NEP-ALL-2008-12-14 (All new papers)
- NEP-CBE-2008-12-14 (Cognitive & Behavioural Economics)
- NEP-HPE-2008-12-14 (History & Philosophy of Economics)
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.:
- Alexis Garapin & Michel Hollard, 1999. "Routines and incentives in group tasks," Journal of Evolutionary Economics, Springer, vol. 9(4), pages 465-486.
- Teppo Felin & Nicolai J. Foss, 2004. "Organizational Routines A Sceptical Look," DRUID Working Papers 04-13, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies.
- Nicolai J. Foss, 2001. "Selective Intervention and Internal HybridsInterpreting and Learning from the Rise and Decline of the Oticon Spaghetti Organization," DRUID Working Papers 01-16, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies.
- Giovanni Dosi & Daniel A. Levinthal & Luigi Marengo, 2003.
"Bridging contested terrain: linking incentive-based and learning perspectives on organizational evolution,"
Industrial and Corporate Change,
Oxford University Press, vol. 12(2), pages 413-436, April.
- Giovanni Dosi & Daniel Levinthal & Luigi Marengo, 2001. "Bridging Contested Terrain: Linking Incentive-Based and Learning Perspectives on Organizational Evolution," LEM Papers Series 2001/20, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
- Nathalie Lazaric, 2000. "The role of routines, rules and habits in collective learning: some epistemological and ontological considerations," Post-Print hal-00457133, HAL.
- Herbert A. Simon, 1991. "Organizations and Markets," Journal of Economic Perspectives, American Economic Association, vol. 5(2), pages 25-44, Spring.
- Nathalie Lazaric & Alain Raybaut, 2004. "Knowledge Creation Facing Hierarchy: The Dynamics of Groups Inside The Firm," Journal of Artificial Societies and Social Simulation, Journal of Artificial Societies and Social Simulation, vol. 7(2), pages 3.
- Cohen, Michael D, et al, 1996.
"Routines and Other Recurring Action Patterns of Organizations: Contemporary Research Issues,"
Industrial and Corporate Change,
Oxford University Press, vol. 5(3), pages 653-98.
- Michael D. Cohen & Roger Burkhart & Giovanni Dosi & Massimo Egidi & Luigi Marengo & Massimo Warglien & Sidney Winter & with comments by Benjamin Coriat, 1995. "Routines and Other Recurring Action Patterns of Organizations: Contemporary Research Issues," Working Papers 95-11-101, Santa Fe Institute.
- Nathalie Lazaric & Alain Raybaut, 2005. "Knowledge, hierarchy and the selection of routines: an interpretative model with group interactions," Journal of Evolutionary Economics, Springer, vol. 15(4), pages 393-421, October.
- Agnès Festré, 2003. "Knowledge and individual behaviour in the Austrian tradition of business cycles: von Mises vs. Hayek," Post-Print halshs-00272394, HAL.
- Nelson, Richard R. & Sampat, Bhaven N., 2001. "Making sense of institutions as a factor shaping economic performance," Journal of Economic Behavior & Organization, Elsevier, vol. 44(1), pages 31-54, January.
- Hodgson, Geoffrey M, 1997. "The Ubiquity of Habits and Rules," Cambridge Journal of Economics, Oxford University Press, vol. 21(6), pages 663-84, November.
- Nicolao Bonini & Massimo Egidi, 1999. "Cognitive traps in individual and organizational behavior: some empirical evidence," CEEL Working Papers 9904, Cognitive and Experimental Economics Laboratory, Department of Economics, University of Trento, Italia.
- Geoffrey M. Hodgson, 2003. "The Mystery of the Routine. The Darwinian Destiny of An Evolutionary Theory of Economic Change," Revue économique, Presses de Sciences-Po, vol. 54(2), pages 355-384.
- Alessandro Narduzzo & Massimo Egidi, 1996.
"The emergence of path-dependent behaviors in cooperative contexts,"
CEEL Working Papers
9604, Cognitive and Experimental Economics Laboratory, Department of Economics, University of Trento, Italia.
- Egidi, Massimo & Narduzzo, Alessandro, 1997. "The emergence of path-dependent behaviors in cooperative contexts," International Journal of Industrial Organization, Elsevier, vol. 15(6), pages 677-709, October.
- Ulrich Witt, 1999.
"Do Entrepreneurs Need Firms? A Contribution to a Missing Chapter in Austrian Economics,"
The Review of Austrian Economics,
Springer, vol. 11(1), pages 99-109, January.
- Witt, Ulrich, 1999. " Do Entrepreneurs Need Firms? A Contribution to a Missing Chapter in Austrian Economics," The Review of Austrian Economics, Springer, vol. 11(1-2), pages 99-109.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (CCSD).
If references are entirely missing, you can add them using this form.