Is post-Marshallian economics an evolutionary research tradition?
From the late 1940s to the early 1970s Andrews, Downie, Penrose and Richardson contributed to reassessments of Marshall's explanation of industrial organization. Each author emphasizes a particular aspect of industrial organization — internal and external organization, innovation, and cross-entry — and each elaborates Marshall's much discussed notion of evolutionary principles. Marshall sought coordination of developing knowledge and feared atrophy through concentration, drawing evidence from empirical studies of firms succeeding one another. The post-Marshallians undertook research in an age of larger joint stock companies, and drew conclusions, varying from optimistic to pessimistic, concerning the role of competition in shaping economic development.
Volume (Year): 7 (2000)
Issue (Month): 3 ()
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- Unknown, 1997. "Book Review," Food Policy, Elsevier, vol. 22(5), pages 462-463, October.
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- Loasby, Brian J., 1998.
"The organisation of capabilities,"
Journal of Economic Behavior & Organization,
Elsevier, vol. 35(2), pages 139-160, April.
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- Unknown, 1997. "Book Review," Food Policy, Elsevier, vol. 22(5), pages 465-467, October.
- Unknown, 1997. "Book Review," Food Policy, Elsevier, vol. 22(5), pages 467-468, October.
- Geoffrey M. Hodgson, 1997. "The evolutionary and non-Darwinian economics of Joseph Schumpeter," Journal of Evolutionary Economics, Springer, vol. 7(2), pages 131-145.
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