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Elgar Companion to Neo-Schumpeterian Economics

Elgar Companion to Neo-Schumpeterian Economics

Edited by Horst Hanusch, formerly Professor and Chair in Economics, Economic Department, University of Augsburg, Germany and Andreas Pyka, Professor and Chair in Innovation Economics, University of Hohenheim, Germany
The Elgar Companion to Neo-Schumpeterian Economics is a cutting-edge collection of specially commissioned contributions highlighting not only the broad scope but also the common ground between all branches of this prolific and fast developing field of economics.

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Extent: 1,232 pp
Hardback Price: $536.00 Web: $482.40
Publication Date: 2007
ISBN: 978 1 84376 253 9
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Paperback Price: $83.00 Web: $66.40
Publication Date: 2009
ISBN: 978 1 84844 702 8
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The Elgar Companion to Neo-Schumpeterian Economics is a cutting-edge collection of specially commissioned contributions highlighting not only the broad scope but also the common ground between all branches of this prolific and fast developing field of economics.

For 25 years economists have been investigating industrial dynamics under the heading of neo-Schumpeterian economics, which has itself become a mature and widely acknowledged discipline in the fields of innovation, knowledge, growth and development economics. The Elgar Companion to Neo-Schumpeterian Economics surveys the achievements of the most visible scholars in this area. The contributions to the Companion give both a brief survey on the various fields of neo-Schumpeterian economics as well as insights into recent research at the scientific frontiers. The book also illustrates the potential of neo-Schumpeterian economics to overcome its so far self-imposed restriction to the domains of technology driven industry dynamics, and to become a comprehensive approach in economics suited for the analysis of development processes in all economic domains. Integrating both the public sector and financial markets, the book focusses on the co-evolutionary processes between the different domains.

As a roadmap for the development of a comprehensive neo-Schumpeterian theory, the Companion will be an invaluable source of reference for researchers in the fields of industrial dynamics and economic growth, and academics and scholars of economics generally. PhD students will find the Companion an indispensable general introduction to the field of neo-Schumpeterian economics. It will also appeal to politicians and consultants engaged in national and international policy as the Companion deals with the highly important and ever topical phenomena of economic development.

Contributors

Contributors: Z.J. Acs, P.M. Allen, E.S. Andersen, C. Antonelli, W.B. Arthur, D. Audretsch, M. Augier, M. Balzat, S. Berninghaus, T. Brenner, U. Cantner, B. Carlsson, P. Cooke, C. Cordes, R.H. Day, E. Dinopoulos, M. Dodgson, K. Dopfer, G. Dosi, G. Eliasson, G. Erdmann, J. Fagerberg, G. Fagiolo, D. Foray, J. Foster, C. Freeman, K. Frenken, J.-L. Gaffard, T. Grebel, M. Gruber, H. Grupp, W. Güth, J. Hagedoorn, H. Hanappi, H. Hanusch, E. Helmstädter, K.-i. Imai, A. Kleinknecht, J.
Krafft, J.J. Krüger, W. Kwasnicki, J. Lesourne, B.J. Loasby, B. Los, F. Louçã, B.-Å. Lundvall, F. Malerba, J.A. Mathews, M. McKelvey, J.S. Metcalfe, C.W.M. Naastepad, R.R. Nelson, J. Nill, B. Nooteboom, L. Orsenigo, M. Peneder, C. Perez, M. Perlman, A. Pyka, F. Rahmeyer, N. Roijakkers, C. Sartorius, P.P. Saviotti, N. Schall, F.M. Scherer, H. Schnabl, F. Sener, Y. Shionoya, H. Siebert, G. Silverberg, P. Stoneman, M. Sylos Labini, D.J. Teece, A.R. Thurik, B. Verspagen, M. Vivarelli, M. Weber, C. Werker, P. Windrum, U. Witt, S. Zundel

Contents

Contents:

Introduction
Horst Hanusch and Andreas Pyka

PART I: FROM SCHUMPETER’S UNIVERSAL SOCIAL SCIENCES TO NEO-SCHUMPETERIAN THINKING
1. Schumpeter, Joseph Alois (1883–1950)
H. Hanusch and A. Pyka

2. Schumpeter’s View on Methodology: Their Source and Their Evolution
M. Perlman

3. Schumpeterian Universal Social Science
Y. Shionoya

4. The Pillars of Schumpeter’s Economics: Micro, Meso, Macro
K. Dopfer

5. Reflections on Schumpeter’s ‘Lost’ Seventh Chapter to the Theory of Economic Development
J.A. Mathews

6. ‘Schumpeterian Capitalism’ in Capitalist Development: Toward a Synthesis of Capitalist Development and the ‘Economy as a Whole’
Z.J. Acs

7. The Neo-Schumpeterian Element in the Sociological Analysis of Innovation
M. Weber

8. A Schumpeterian Renaissance?
C. Freeman

PART II: NEO-SCHUMPETERIAN MESO DYNAMICS: THEORY
2.1. Essentials of Innovation Processes

2.1.1 Entrepreneurship, Firms and Networks

9. Neo-Schumpetarian Perspectives in Entreprenurship Research
T. Grebel

10. From a Routine-based to a Knowledge-based View: Towards an Evolutionary Theory of the Firm
F. Rahmeyer

11. Managing the Process of New Venture Creation: An Integrative Perspective
M. Gruber

12. Technological Collaboration
M. Dodgson

13. Strategic and Organizational Understanding of Inter-firm Partnerships and Networks
N. Roijakkers and J. Hagedoorn

14. The Models of the Managed and Entrepreneurial Economies
D. Audretsch and A.R. Thurik

2.1.2. Knowledge and Competencies

15. Tacit and Codified Knowledge
D. Foray

16. Localized Technological Change
C. Antonelli

17. Competencies, Capabilities and the Neo-Schumpeterian Tradition
M. Augier and D.J. Teece

18. Firm Organization
B.J. Loasby

19. The Role of Knowledge in the Schumpeterian Economy
E. Helmstädter

20. Selection, Learning and Schumpeterian Dynamics: A Conceptual Debate
U. Witt and C. Cordes

2.1.3. Innovation Processes and Patterns

21. Technological Paradigms and Trajectories
G. Dosi and M. Sylos Labini

22. Schumpeterian Patterns of Innovation and Technological Regimes
F. Malerba

23. Innovation Networks
A. Pyka

24. Technological Diffusion: Aspects of Self-Propagation as a Neo-Schumpeterian Characteristic
P. Stoneman

2.2. Modelling Industry Dynamics

25. Schumpeterian Modelling
W. Kwasnicki

26. Neo-Schumpeterian Simulation Models
P. Windrum

27. Replicator Dynamics
J.S. Metcalfe

28. ‘History-Friendly’ Models of Industry Evolution
L. Orsenigo

29. Agent-based Modelling: A Methodology for Neo-Schumpetarian Economics
A. Pyka and G. Fagiolo

PART III: NEO-SCHUMPETERIAN MESO DYNAMICS: EMPIRICS
3.1. Measuring Industry Dynamics

30. Empirical Tools for the Analysis of Technological Heterogeneity and Change: Some Basic Building Blocks of ‘Evolumetrics’
U. Cantner and J.J. Krüger

31. Typology of Science and Technology Indicators
H. Grupp

32. Sectoral Taxonomies: Identifying Competitive Regimes by Statistical Cluster Analysis
M. Peneder

33. Entropy Statistics and Information Theory
K. Frenken

34. A Methodology to Identify Local Industrial Clusters and its Application to Germany
T. Brenner

35. Technology Spillovers and their Impact on Productivity
B. Los and B. Verspagen

3.2. Case and Industry Studies

36. The Japanese System from the Neo-Schumpeterian Perspective
K. Imai

37. Biotechnology Industries
M. McKelvey

38. Telecommunications, the Internet and Mr Schumpeter
J. Krafft

39. Innovation in Services
P. Windrum

40. Flexible Labour Markets and Labour Productivity Growth: Is There a Trade-off?
A. Kleinknecht and C.W.M. Naastepad

PART IV: NEO-SCHUMPETERIAN MACRO DYNAMICS: GROWTH AND DEVELOPMENT
4.1. Growth

41. Schumpeter and the Micro-foundations of Endogenous Growth
F.M. Scherer

42. New Directions in Schumpeterian Growth Theory
E. Dinopoulos and F. Sener

43. The Dynamics of Technology, Growth and Trade: A Schumpeterian Perspective
J. Fagerberg

44. Innovation and Employment
M. Vivarelli

45. Macro-Econometrics
J. Foster

4.2. Development

46. The Mechanisms of Economic Evolution: Completing Schumpeter’s Theory
R.H. Day

47. Innovation and Demand
E.S. Andersen

48. Long Waves, the Pulsation of Modern Capitalism
F. Louçã

49. Finance and Technical Change: A Long-term View
C. Perez

50. Long Waves: Conceptual, Empirical and Modelling Issues
G. Silverberg

51. Qualitative Change and Economic Development
P.P. Saviotti

52. Understanding Economic Growth as the Central Task of Economic Analysis
R.R. Nelson

PART V: NEO-SCHUMPETERIAN ECONOMICS AND THE SYSTEMIC VIEW
53. Innovation Systems: A Survey of the Literature from a Schumpeterian Perspective
B. Carlsson

54. National Innovation Systems: From List to Freeman
B.-Å. Lundvall

55. Catching a Glimpse on National Systems of Innovation: The Input–Output Approach
H. Schnabl

56. Schumpeter and Varieties of Innovation: Lessons from the Rise of Regional Innovation Systems Research
P. Cooke and N. Schall

57. Fundamentals of the Concept of National Innovation Systems
M. Balzat and H. Hanusch

PART VI: RESEARCH AND TECHNOLOGY POLICY
58. Policy for Innovation
J.S. Metcalfe

59. Growth Policy
H. Siebert

60. Time Strategies in Innovation Policy
G. Erdmann, J. Nill, C. Sartorius and S. Zundel

61. Macroeconomic Policy
H. Hanappi

PART VII: THE IMPACT OF NEO-SCHUMPETERIAN THINKING ON DIFFERENT FIELDS
62. Schumpeter’s Influence on Game Theory
J. Lesourne

63. Transaction Costs, Innovation and Learning
B. Nooteboom

64. Austrian Economics and Innovation
J.-L. Gaffard

65. On Austrian-Schumpeterian Economics and the Swedish Growth School
G. Eliasson

66. Experimental Economics
S. Berninghaus and W. Güth

67. Complexity and the Economy
W.B. Arthur

68. Self-organization in Economic Systems
P.M. Allen

69. Regional Economics and Economic Geography from a Neo-Schumpeterian Perspective
C. Werker

70. A Roadmap to Comprehensive Neo-Schumpeterian Economics
H. Hanusch and A. Pyka

Index