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«Manifesto» for Comprehensive Neo-Schumpertian Economics

Author

Listed:
  • Horst Hanusch

    (University of Augsburg - Economics Department)

  • Andreas Pyka

    (University of Bremen - Economics Department)

Abstract

Within the last 25 years large progress has been made in Neo-Schumpeterian Economics, that branch of economic science which deals with dynamic processes causing qualitative transformation of economies basically driven by the introduction of novelties. By its very nature, technological innovation is the most exponent and visible form of novelty. However, Neo-Schumpeterian Economics should be concerned with all facets of open and uncertain developments. A Comprehensive Neo-Schumpeterian approach has to consider not only transformation processes going on on the industry level of an economy, but also those on the public and monetary realms. Our manifesto introduces these extensions and complements towards a Comprehensive Neo-Schumpeterian Economic Theory, and develops some guideposts in the sense of a roadmap for necessary strands of analysis in the future.

Suggested Citation

  • Horst Hanusch & Andreas Pyka, 2007. "«Manifesto» for Comprehensive Neo-Schumpertian Economics," History of Economic Ideas, Fabrizio Serra Editore, Pisa - Roma, vol. 15(1), pages 23-41.
    • Handle: RePEc:hid:journl:v:15:y:2007:1:2:p:23-41
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    Cited by:

    1. Eugenio Caverzasi & Daniele Tori, 2018. "The Financial Innovation Hypothesis: Schumpeter, Minsky and the sub-prime mortgage crisis," LEM Papers Series 2018/36, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.

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