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Technological knowledge, institutions and property rights in Thorstein Veblen's thought


  • Olivier BRETTE



The article suggests an interpretation of Veblen's approach of technological knowledge, which aims at identifying its foundations, nature and implications. In doing so, the article shows that the Veblenian approach of technological knowledge lies within a global framework that cannot fit into the frame of orthodox economics, as it built up at the beginning of the XXth century. This acknowledgement impedes the very possibility of a thorough dialogue between Veblen's system of thought and the contemporay developments of early neoclassical economics.

Suggested Citation

  • Olivier BRETTE, 2005. "Technological knowledge, institutions and property rights in Thorstein Veblen's thought," Cahiers d’économie politique / Papers in Political Economy, L'Harmattan, issue 48, pages 111-146.
  • Handle: RePEc:cpo:journl:y:2005:i:48:p:111-146

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    JEL classification:

    • B15 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Historical; Institutional; Evolutionary
    • B30 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - General
    • B49 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Other
    • E11 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Marxian; Sraffian; Kaleckian
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General


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