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Competition and Economic Progress

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  • Neil Niman

Abstract

In a recent article, Michael Ghiselin has suggested that what economics has to offer biology is an entrepreneurial conception of the (natural) economy. Creating such a theory would make it possible to explain how the Darwinian view of progress as the outcome of a competitive push (leading to gradual change) and an opportunity pull (generating episodic change) can coexist. However, accomplishing such a task requires the introduction of technological change into the standard economic model, and with it, a broader theory of the competitive process. Copyright Kluwer Academic Publishers 2000

Suggested Citation

  • Neil Niman, 2000. "Competition and Economic Progress," Journal of Bioeconomics, Springer, vol. 2(3), pages 221-231, October.
    • Handle: RePEc:kap:jbioec:v:2:y:2000:i:3:p:221-231
    DOI: 10.1023/A:1012220127250
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    References listed on IDEAS

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    8. Niman, Neil B, 1991. "The Entrepreneurial Function in the Theory of the Firm," Scottish Journal of Political Economy, Scottish Economic Society, vol. 38(2), pages 162-176, May.
    9. Katz, Michael L & Shapiro, Carl, 1985. "Network Externalities, Competition, and Compatibility," American Economic Review, American Economic Association, vol. 75(3), pages 424-440, June.
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