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Neoclassical vs. Evolutionary Theories of Economic Growth: Critique and Prospectus

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Cited by:

  1. Jack Hirshleifer, 1978. "Natural Economy Versus Political Economy," UCLA Economics Working Papers 129, UCLA Department of Economics.
  2. Haider A. Khan, 2003. "Digital Transitions: The POLIS Theory and The NIEs," CIRJE F-Series CIRJE-F-231, CIRJE, Faculty of Economics, University of Tokyo.
  3. Gerard Ballot & Antoine Mandel & Annick Vignes, 2015. "Agent-based modeling and economic theory: where do we stand?," Journal of Economic Interaction and Coordination, Springer;Society for Economic Science with Heterogeneous Interacting Agents, vol. 10(2), pages 199-220, October.
  4. Alessandro Morselli, 2022. "An Institutionalist-Conventionalist Approach to the Process of Economic Change," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 4, pages 411-428.
  5. Eirik G. Furubotn, 2014. "Entrepreneurial Judgment, Decision Procedure and the Inevitable Emergence of the Non-optimizing Firm in a Capitalist Economy," Metroeconomica, Wiley Blackwell, vol. 65(4), pages 548-570, November.
  6. Kappen, Philip, 2011. "Competence-creating overlaps and subsidiary technological evolution in the multinational corporation," Research Policy, Elsevier, vol. 40(5), pages 673-686, June.
  7. Michael Fritsch & Muhamed Kudic, 2022. "Micro dynamics and macro stability in inventor networks," The Journal of Technology Transfer, Springer, vol. 47(2), pages 353-382, April.
  8. Vaitsos, Constantine V., 2003. "Growth Theories Revisited: Enduring Questions with Changing Answers," UNU-INTECH Discussion Paper Series 2003-09, United Nations University - INTECH.
  9. Khan, Haider, 2013. "Industrialization and Development Strategies in the 21st Century: Towards Sustainable Innovation Systems," MPRA Paper 50168, University Library of Munich, Germany.
  10. Beatrice Cherrier, 2023. "The Price of Virtue: Some Hypotheses on How Tractability Has Shaped Economic Models," Post-Print halshs-04378635, HAL.
  11. Richard Nelson, 2015. "Understanding long run economic development as an evolutionary process," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 32(1), pages 11-29, April.
  12. Heinrich, Torsten, 2014. "Standard wars, tied standards, and network externality induced path dependence in the ICT sector," Technological Forecasting and Social Change, Elsevier, vol. 81(C), pages 309-320.
  13. Caccomo Jean-Louis, 2000. "National innovation Systems and Evolutionary Theory: a panorama of the Literature," Journal des Economistes et des Etudes Humaines, De Gruyter, vol. 10(4), pages 1-23, December.
  14. Massini, Silvia & Lewin, Arie Y. & Numagami, Tsuyoshi & Pettigrew, Andrew M., 2002. "The evolution of organizational routines among large Western and Japanese firms," Research Policy, Elsevier, vol. 31(8-9), pages 1333-1348, December.
  15. J. Stan Metcalfe & John Foster, 2010. "Evolutionary Growth Theory," Chapters, in: Mark Setterfield (ed.), Handbook of Alternative Theories of Economic Growth, chapter 3, Edward Elgar Publishing.
  16. Coad, Alex, 2010. "Neoclassical vs evolutionary theories of financial constraints: Critique and prospectus," Structural Change and Economic Dynamics, Elsevier, vol. 21(3), pages 206-218, August.
  17. Heinrich, Torsten, 2015. "Evolution-Based Approaches in Economics and Evolutionary Loss of Information," MPRA Paper 68384, University Library of Munich, Germany.
  18. Ayres, Robert U., 2004. "On the life cycle metaphor: where ecology and economics diverge," Ecological Economics, Elsevier, vol. 48(4), pages 425-438, April.
  19. Martin, Ben R., 2012. "The evolution of science policy and innovation studies," Research Policy, Elsevier, vol. 41(7), pages 1219-1239.
  20. Alfredo M. Navarro, 2019. "Relaciones entre la Economía y la Teoría de la Evolución," Asociación Argentina de Economía Política: Working Papers 4180, Asociación Argentina de Economía Política.
  21. Rainer Vosskamp, 1999. "Innovation, Market Structure and the Structure of the Economy: a micro-to-macro model," Economic Systems Research, Taylor & Francis Journals, vol. 11(3), pages 213-232.
  22. Srinivas Kolluru & Pundarik Mukhopadhaya, 2017. "Empirical Studies on Innovation Performance in the Manufacturing and Service Sectors Since 1995: A Systematic Review," Economic Papers, The Economic Society of Australia, vol. 36(2), pages 223-248, June.
  23. Sandra Silva & Aurora Teixeira, 2009. "On the divergence of evolutionary research paths in the past 50 years: a comprehensive bibliometric account," Journal of Evolutionary Economics, Springer, vol. 19(5), pages 605-642, October.
  24. Muhamed Kudic & Mariia Shkolnykova, 2020. "From biotech to bioeconomy: New empirical evidence on the technological transition to plant-based bioeconomy based on patent data," Bremen Papers on Economics & Innovation 2002, University of Bremen, Faculty of Business Studies and Economics.
  25. Hana Bawazir & Mukesh Kumar & Saban Celik & Khadija Abdulredha Abdulla & Bora Aktan, 2020. "The interdependence between stock market development and economic growth: a multi-country examination," Zbornik radova Ekonomskog fakulteta u Rijeci/Proceedings of Rijeka Faculty of Economics, University of Rijeka, Faculty of Economics and Business, vol. 38(2), pages 619-652.
  26. Bajmócy, Zoltán & Vas, Zsófia, 2012. "Az innovációs rendszerek 25 éve. Szakirodalmi áttekintés evolúciós közgazdaságtani megközelítésben [25 years of innovation systems. A literature review from the angle of evolutionary economics]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(11), pages 1233-1256.
  27. Richard R. Nelson & Sidney G. Winter, 2002. "Evolutionary Theorizing in Economics," Journal of Economic Perspectives, American Economic Association, vol. 16(2), pages 23-46, Spring.
  28. Christopher Laincz, 2009. "R&D subsidies in a model of growth with dynamic market structure," Journal of Evolutionary Economics, Springer, vol. 19(5), pages 643-673, October.
  29. Mariana Mazzucato & Rainer Kattel & Josh Ryan-Collins, 2020. "Challenge-Driven Innovation Policy: Towards a New Policy Toolkit," Journal of Industry, Competition and Trade, Springer, vol. 20(2), pages 421-437, June.
  30. Jayanti Bhattacharjee & Sushil Kr. Haldar, 2015. "Economic Growth in South Asia," Journal of South Asian Development, , vol. 10(2), pages 230-249, August.
  31. Muller, Emmanuel & Zenker, Andrea, 2001. "Business services as actors of knowledge transformation and diffusion: some empirical findings on the role of KIBS in regional and national innovation systems," Working Papers "Firms and Region" R2/2001, Fraunhofer Institute for Systems and Innovation Research (ISI).
  32. Hommes, Cars H., 2006. "Heterogeneous Agent Models in Economics and Finance," Handbook of Computational Economics, in: Leigh Tesfatsion & Kenneth L. Judd (ed.), Handbook of Computational Economics, edition 1, volume 2, chapter 23, pages 1109-1186, Elsevier.
  33. Dalton, Thomas R. & Coats, R. Morris & Asrabadi, Badiollah R., 2005. "Renewable resources, property-rights regimes and endogenous growth," Ecological Economics, Elsevier, vol. 52(1), pages 31-41, January.
  34. Ruttan, Vernon W., 1996. "Sources Of Technical Change: Induced Innovation, Evolutionary Theory And Path Dependence," Bulletins 12974, University of Minnesota, Economic Development Center.
  35. Heinrich, Torsten, 2015. "Growth Cycles, Network Effects, and Intersectoral Dependence: An Agent-Based Model and Simulation Analysis," MPRA Paper 79575, University Library of Munich, Germany, revised 08 Jun 2017.
  36. Cristina LINCARU & Speranţa PÎRCIOG, 2017. "Decomposing Productivity Changes – Romania’s Counties Case," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(3), pages 166-184, September.
  37. Jürgen Essletzbichler & David L. Rigby, 2010. "Generalized Darwinism and Evolutionary Economic Geography," Chapters, in: Ron Boschma & Ron Martin (ed.), The Handbook of Evolutionary Economic Geography, chapter 2, Edward Elgar Publishing.
  38. Labrousse, Agnès, 2010. "Nouvelle économie du développement et essais cliniques randomisés : une mise en perspective d’un outil de preuve et de gouvernement," Revue de la Régulation - Capitalisme, institutions, pouvoirs, Association Recherche et Régulation, vol. 7.
  39. Rearte, Ana G. de, 1993. "Factores determinantes de la competitividad de las firmas: el caso de la industrial textil marplatense," Series Históricas 9436, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
  40. Massimo Egidi, 1995. "Routines, Hierarchies of Problems, Procedural Behaviour: Some Evidence fom Experiments," CEEL Working Papers 9503, Cognitive and Experimental Economics Laboratory, Department of Economics, University of Trento, Italia.
  41. Afuah, Allan Nembo. & Utterback, James M., 1941-, 1995. "Dynamic competitive strategies : a technological evolution perspective," Working papers #137-95. Working paper (S, Massachusetts Institute of Technology (MIT), Sloan School of Management.
  42. Duarte N. Leite & Sandra T. Silva & Oscar Afonso, 2014. "Institutions, Economics And The Development Quest," Journal of Economic Surveys, Wiley Blackwell, vol. 28(3), pages 491-515, July.
  43. Young, Ralph, 1993. "Economics of Innovation: Black Hole or Positive Sum?," 1993 Conference (37th), February 9-11, 1993, Sydney, Australia 147920, Australian Agricultural and Resource Economics Society.
  44. Jayanti Bhattacharjee & Sushil Kr. Haldar, 2015. "Economic Growth of Selected South Asian Countries: Does Institution Matter?," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 5(2), pages 356-370, February.
  45. Barker, Jordan M. & Gibson, Andrew R. & Hofer, Adriana R. & Hofer, Christian & Moussaoui, Issam & Scott, Marc A., 2021. "A competitive dynamics perspective on the diversification of third-party logistics providers’ service portfolios," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 146(C).
  46. Yoshinori Shiozawa, 2020. "A new framework for analyzing technological change," Journal of Evolutionary Economics, Springer, vol. 30(4), pages 989-1034, September.
  47. Heinrich, Torsten, 2016. "The Narrow and the Broad Approach to Evolutionary Modeling in Economics," MPRA Paper 75797, University Library of Munich, Germany.
  48. Harvey, David R., 1995. "European Union Cereals Policy: An Evolutionary Interpretation," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 39(3), pages 1-25, December.
  49. Smita Srinivas, 2020. "Institutional variety and the future of economics," Review of Evolutionary Political Economy, Springer, vol. 1(1), pages 13-35, May.
  50. Fulginiti, Lilyan E & Perrin, Richard K, 1993. "Prices and Productivity in Agriculture," The Review of Economics and Statistics, MIT Press, vol. 75(3), pages 471-482, August.
  51. Mariia Shkolnykova & Muhamed Kudic, 2022. "Who benefits from SMEs’ radical innovations?—empirical evidence from German biotechnology," Small Business Economics, Springer, vol. 58(2), pages 1157-1185, February.
  52. Florian Straßberger, 1995. "Technischer Wandel und wirtschaftliches Wachstum: Einige jüngere Entwicklungen, empirische Ergebnisse und wirtschaftliche Konsequenzen," Vierteljahrshefte zur Wirtschaftsforschung / Quarterly Journal of Economic Research, DIW Berlin, German Institute for Economic Research, vol. 64(2), pages 200-220.
  53. Edgardo Bucciarelli & Nicola Mattoscio, 2021. "Reconsidering Herbert A. Simon’s Major Themes in Economics: Towards an Experimentally Grounded Capital Structure Theory Drawing from His Methodological Conjectures," Computational Economics, Springer;Society for Computational Economics, vol. 57(3), pages 799-823, March.
  54. Pan, Haoran, 2006. "Dynamic and endogenous change of input-output structure with specific layers of technology," Structural Change and Economic Dynamics, Elsevier, vol. 17(2), pages 200-223, June.
  55. Martin Shubik, 1975. "On the Role of Numbers and Information in Competition," Revue Économique, Programme National Persée, vol. 26(4), pages 605-621.
  56. Calá, Carla Daniela, 2014. "Regional issues on firm entry and exit in Argentina: core and peripheral regions," Nülan. Deposited Documents 2023, Universidad Nacional de Mar del Plata, Facultad de Ciencias Económicas y Sociales, Centro de Documentación.
  57. Jordan Kjosevski, 2024. "Examining the relationship between bank profitability and economic growth: insights from Central and Eastern Europe," Bank i Kredyt, Narodowy Bank Polski, vol. 55(2), pages 181-200.
  58. Martin Larsson, 2017. "EU Emissions Trading: Policy-Induced Innovation, or Business as Usual? Findings from Company Case Studies in the Republic of Croatia," Working Papers 1705, The Institute of Economics, Zagreb.
  59. Khan, Haider, 2024. "Development Orders and Disorders: Real Competition in Complex Global Capitalist System, China’s Ambiguous Case, and the Need for Democratic Socialism in the 21st Century," MPRA Paper 119640, University Library of Munich, Germany.
  60. Hommes, C.H., 2005. "Heterogeneous Agent Models in Economics and Finance, In: Handbook of Computational Economics II: Agent-Based Computational Economics, edited by Leigh Tesfatsion and Ken Judd , Elsevier, Amsterdam 2006," CeNDEF Working Papers 05-03, Universiteit van Amsterdam, Center for Nonlinear Dynamics in Economics and Finance.
  61. Burr, Wolfgang & Frohwein, Torsten, 2012. "Regelbrüche in Organisationen," Research Papers on Innovation, Services and Technology 1/2012, University of Stuttgart, Institute of Business Administration, Department I - Institute of Research & Development and Innovation Management.
  62. Duschl Matthias & Schimke Antje & Brenner Thomas & Luxen Dennis, 2014. "Firm Growth and the Spatial Impact of Geolocated External Factors," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 234(2-3), pages 234-256, April.
  63. P.P.M.A.R. Heugens, 2004. "A Neo-Weberian Theory of the Firm," Working Papers 04-02, Utrecht School of Economics.
  64. Chichilnisky, Graciela & Cole, Sam, 1978. "Modeling with scenarios: technology in north-south development," MPRA Paper 7847, University Library of Munich, Germany.
  65. Massimo Egidi, 1995. "Virtuous and Adverse selection within Economic Organizations," CEEL Working Papers 9502, Cognitive and Experimental Economics Laboratory, Department of Economics, University of Trento, Italia.
  66. Haider A. Khan, 2002. "Digital Development: Challenges and Prospects," CIRJE F-Series CIRJE-F-152, CIRJE, Faculty of Economics, University of Tokyo.
  67. Heinrich, Torsten, 2013. "The ongoing history of economic conservation laws," MPRA Paper 68088, University Library of Munich, Germany.
  68. Stephan, Michael, 2013. "Theorien der Industrieevolution," Discussion Papers on Strategy and Innovation 13-03, Philipps-University Marburg, Department of Technology and Innovation Management (TIM).
  69. Zvi Griliches, 1998. "Issues in Assessing the Contribution of Research and Development to Productivity Growth," NBER Chapters, in: R&D and Productivity: The Econometric Evidence, pages 17-45, National Bureau of Economic Research, Inc.
  70. Khan, Haider A., 2012. "National Innovation Systems and Regional Cooperation in Asia: Challenges and Strategies from a Study of China," MPRA Paper 40118, University Library of Munich, Germany.
  71. Markus Schwaninger, 2015. "Model‐based Management: A Cybernetic Concept," Systems Research and Behavioral Science, Wiley Blackwell, vol. 32(6), pages 564-578, November.
  72. P. K. Mishra, 2012. "The Dynamics of the Relationship between Imports and Economic Growth in India," South Asian Journal of Macroeconomics and Public Finance, , vol. 1(1), pages 57-79, June.
  73. George Liagouras, 2017. "The challenge of Evo-Devo: implications for evolutionary economists," Journal of Evolutionary Economics, Springer, vol. 27(4), pages 795-823, September.
  74. Oriol Valles Codina, 2020. "Economic Production as Life: A Classical Approach to Computational Social Science," Working Papers 2001, New School for Social Research, Department of Economics.
  75. J. Stan Metcalfe & John Foster & Ronnie Ramlogan, 2006. "Adaptive economic growth," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 30(1), pages 7-32, January.
  76. Muller, Emmanuel & Zenker, Andrea, 2001. "Business services as actors of knowledge transformation: the role of KIBS in regional and national innovation systems," Research Policy, Elsevier, vol. 30(9), pages 1501-1516, December.
  77. Ramser, Hans Jürgen, 1985. "Schumpetersche Konzepte in der Analyse des technischen Wandels," Discussion Papers, Series I 203, University of Konstanz, Department of Economics.
  78. Giovanna Vertova, 2014. "The State and National Systems of Innovation: A Sympathetic Critique," Economics Working Paper Archive wp_823, Levy Economics Institute.
  79. Edward J. Malecki, 1983. "Technology and Regional Development: A Survey," International Regional Science Review, , vol. 8(2), pages 89-125, October.
  80. Muller, Emmanuel, 1999. "There is no territorial fatality! (or how innovation interactions between KIBS and SMEs may modify the development patterns of peripheral regions)," Working Papers "Firms and Region" R3/1999, Fraunhofer Institute for Systems and Innovation Research (ISI).
  81. P Allanson & J Murdoch & G Garrod & P Lowe, 1995. "Sustainability and the Rural Economy: An Evolutionary Perspective," Environment and Planning A, , vol. 27(11), pages 1797-1814, November.
  82. John P. Conley, 2024. "Information economies with taste diversity and bounded attention spans," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 73(3), pages 1175-1207, October.
  83. Esben Sloth Andersen & Anne K. Jensen & Lars Madsen & Martin Jørgensen, 1996. "The Nelson and Winter Models RevisitedPrototypes for Computer-Based Reconstruction of Schumpeterian Competition," DRUID Working Papers 96-5, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies.
  84. Sepehr Ghazinoory & Meysam Narimani & Shiva Tatina, 2017. "Neoclassical versus evolutionary economics in developing countries: convergence of policy implications," Journal of Evolutionary Economics, Springer, vol. 27(3), pages 555-583, July.
  85. ., 2013. "Using markets and marketlike mechanisms to manage a multidivisional business efficiently," Chapters, in: Competition, Diversity and Economic Performance, chapter 13, pages 253-278, Edward Elgar Publishing.
  86. Morris, Michael L. & Smale, Melinda, 1997. "Organization and Performance of National Maize Seed Industries: A New Institutionalist Perspective," Economics Working Papers 7698, CIMMYT: International Maize and Wheat Improvement Center.
  87. Robert Z. Lawrence & David E. Weinstein, 1999. "Trade and Growth: Import-Led or Export-Led? Evidence From Japan and Korea," NBER Working Papers 7264, National Bureau of Economic Research, Inc.
  88. Heinrich, Torsten, 2014. "Resource Depletion, Growth, Collapse, and the Measurement of Capital," MPRA Paper 54044, University Library of Munich, Germany.
  89. Petreski, Marjan, 2009. "Analysis of exchange-rate regime effect on growth: theoretical channels and empirical evidence with panel data," Economics Discussion Papers 2009-49, Kiel Institute for the World Economy (IfW Kiel).
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  91. Rosser, J. Barkley & Rosser, Marina V, 2023. "A conjoined intellectual journey: Richard H. Day and the journal he founded," Journal of Economic Behavior & Organization, Elsevier, vol. 210(C), pages 83-90.
  92. Biswajit Maitra, 2020. "Exploring Import-led Growth in India: Evidence from the Post-reform Period," South Asian Journal of Macroeconomics and Public Finance, , vol. 9(1), pages 87-113, June.
  93. von Kalckreuth, Ulf & Silbermann, Leonid, 2010. "Bubbles and incentives: A post-mortem of the Neuer Markt in Germany," Discussion Paper Series 1: Economic Studies 2010,15, Deutsche Bundesbank.
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  95. Santos, David Ferreira Lopes & Basso, Leonardo Fernando Cruz & Kimura, Herbert & Kayo, Eduardo Kazuo, 2014. "Innovation efforts and performances of Brazilian firms," Journal of Business Research, Elsevier, vol. 67(4), pages 527-535.
  96. Grebel, Thomas, 2009. "Technological change: A microeconomic approach to the creation of knowledge," Structural Change and Economic Dynamics, Elsevier, vol. 20(4), pages 301-312, December.
  97. John Foster, 2011. "Evolutionary macroeconomics: a research agenda," Journal of Evolutionary Economics, Springer, vol. 21(1), pages 5-28, February.
  98. von Tunzelmann, Nick & Wang, Qing, 2007. "Capabilities and production theory," Structural Change and Economic Dynamics, Elsevier, vol. 18(2), pages 192-211, June.
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