A Darwinian theory of transformation pressure – the stimuli of negative shocks for productivity and renewal in established firms
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Keywordstransformation pressure; bounded rationality; creative destruction; negative driving forces; productivity growth; innovations; neuroscience; stress; economic psychology; universal Darwinism;
- B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Historical; Institutional; Evolutionary
- D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
- L21 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Business Objectives of the Firm
- O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-ALL-2013-03-09 (All new papers)
- NEP-ENT-2013-03-09 (Entrepreneurship)
- NEP-EVO-2013-03-09 (Evolutionary Economics)
- NEP-HME-2013-03-09 (Heterodox Microeconomics)
- NEP-HRM-2013-03-09 (Human Capital & Human Resource Management)
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