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Cycles, Crises and Innovation

Author

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  • Jerry Courvisanos

Abstract

Cycles, crises and innovation are the major economic forces that shape capitalist economies. Using a critical realist political economy approach, the analysis in this fine work is based on the works of Michał Kalecki and Joseph Schumpeter – both of whom identify these three dynamic forces as plotting the path of economic development. Jerry Courvisanos’ thought-provoking book examines how the rise of capital through investment enshrines innovation in profit and power which in turn determines the course of cycles and crises. The author concludes by arguing for strategic intervention by transformative eco-innovation as a public policy path to ecologically sustainable development.

Individual chapters are listed in the "Chapters" tab

Suggested Citation

  • Jerry Courvisanos, 2012. "Cycles, Crises and Innovation," Books, Edward Elgar Publishing, number 12929.
    • Handle: RePEc:elg:eebook:12929
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    Citations

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    Cited by:

    1. Hans D. G. Hyun, 2023. "A financial frontier model with bankers' susceptibility under uncertainty," Metroeconomica, Wiley Blackwell, vol. 74(1), pages 94-118, February.
    2. Parisa Salimzadeh & Jerry Courvisanos, 2015. "A Conceptual Framework for Assessing Sustainable Development in Regional SMEs," Journal of Environmental Assessment Policy and Management (JEAPM), World Scientific Publishing Co. Pte. Ltd., vol. 17(04), pages 1-17, December.
    3. Jerry Courvisanos, 2016. "Book review: Rohit, It’s Not Over: Structural Drivers of the Global Economic Crisis," The Economic and Labour Relations Review, , vol. 27(1), pages 124-128, March.
    4. Lejla TERZIC, 2018. "The New Paradigm of Innovation Economics in the 21st Century: Solving the Enigma of Economic Growth," Romanian Journal of Economics, Institute of National Economy, vol. 46(1(55)), pages 40-59, June.
    5. Lynne Chester & Joy Paton, 2013. "The economic–environment relation: can post-Keynesians, Régulationists and Polanyians offer insights?," European Journal of Economics and Economic Policies: Intervention, Edward Elgar Publishing, vol. 10(1), pages 106-121.
    6. Rinaldo Evangelista, 2015. "Technology, development and economic crisis: the Schumpeterian legacy," Working Papers 23, Birkbeck Centre for Innovation Management Research, revised Jun 2015.
    7. Luìs, Galindo & Giulio, Guarini & Gabriel, Porcile, 2020. "Environmental innovations, income distribution, international competitiveness and environmental policies: a Kaleckian growth model with a balance of payments constraint," Structural Change and Economic Dynamics, Elsevier, vol. 53(C), pages 16-25.
    8. Rinaldo Evangelista, 2018. "Technology and Economic Development: The Schumpeterian Legacy," Review of Radical Political Economics, Union for Radical Political Economics, vol. 50(1), pages 136-153, March.

    Book Chapters

    The following chapters of this book are listed in IDEAS

    More about this item

    Keywords

    Economics and Finance; Innovations and Technology;

    JEL classification:

    • B0 - Schools of Economic Thought and Methodology - - General

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