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Theoretical Background

In: Innovation Networks in the German Laser Industry

Author

Listed:
  • Muhamed Kudic

    (Stifterverband
    Halle Institute for Economic Research)

Abstract

The aim of this chapter is threefold: firstly, we seek to integrate this study into a broader context of historical and contemporary economic reasoning. Secondly, we introduce the theoretical pillars which this research project is built upon. Due to the interdisciplinary nature of alliance and network research, we refer to concepts from economics and related scientific disciplines. Finally, we discuss the initially raised research questions against the backdrop of our preceding theoretical considerations. Chapter 2 is structured as follows. In Sect. 2.1 we start with a brief introduction of classical and neoclassical economics and outline the contributions but also the limitations of these schools of thought. In Sect. 2.2 we turn our attention to evolutionary approaches in economics and related disciplines. In Sect. 2.3 we introduce the neo-Schumpeterian approach to evolutionary economics. Here, we start by clarifying some basic terminology and concepts. Next we discuss the theoretical cornerstones of the approach. Finally, we address three selected concepts: proximity, innovation systems and innovation networks. In Sect. 2.4 we draw upon the knowledge-based theory of the firm to establish the theoretical linkage between knowledge, competitive advantage and firm performance. In Sect. 2.5 we look at key concepts from interdisciplinary alliance and network research. Finally, in Sect. 2.6 we uncover links to previous research and discuss our own contribution in light of the previously outlined theoretical concepts.

Suggested Citation

  • Muhamed Kudic, 2015. "Theoretical Background," Economic Complexity and Evolution, in: Innovation Networks in the German Laser Industry, edition 127, chapter 0, pages 19-67, Springer.
    • Handle: RePEc:spr:eccchp:978-3-319-07935-6_2
    DOI: 10.1007/978-3-319-07935-6_2
    as

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