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Long-run Economics: An Evolutionary Approach to Economic Growth: Bloomsbury Academic Collections: Economics

Autor Norman Clark, Professor Calestous Juma
en Limba Engleză Hardback – 6 noi 2013
A major problem of conventional economic theory as applied to long-run economic change is its unduly narrow and static character, which compromises its capacity to handle conceptually a social process inherently systemic, complex and dynamic. At the same time there is a growing realization in relevant government and industrial circles (reinforced by the example of Japan) that effective economic policy-making needs a strategic, and therefore a technological, content.Long-Run Economics suggests a more realistic conceptual framework for the analysis of economic and technological change. Borrowing from other disciplines, such as sociology, psychology and biology, the authors develop a model that is evolutionary and systemic in character. Special emphasis is given to the role of information flows in the innovative process, while the overall argument is illustrated by two case studies, photovoltaics and fuel ethanol. Finally, the book stresses the strategic importance of science and technology policy and the role of appropriate institutions in facilitating long-run economic change.
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Specificații

ISBN-13: 9781472514462
ISBN-10: 1472514467
Pagini: 256
Dimensiuni: 156 x 234 x 14 mm
Greutate: 0.5 kg
Editura: Bloomsbury Publishing
Colecția Bloomsbury Academic
Seria Bloomsbury Academic Collections: Economics

Locul publicării:London, United Kingdom

Notă biografică

Norman Clark is Professor of Innovation Systems and Development at the Open University, UK.Calestous Juma is Professor of the Practice of International Development at the Harvard Kennedy School, Harvard University, USA.

Cuprins

List of Tables and FiguresPrefacePart I: Introduction1. Epistemological IssuesPart II: New Approaches to Technical Change2. The Economistic Paradigm3. Evolutionary Approaches in Conventional Economics4. Conceptual Tools5. Towards an Evolutionary Theory of Economic ChangePart III: Case Studies of Technological Systems6. Development of Ethanol Technological Systems7. The Evolution of Photovoltaic Technology8. PostscriptPart IV: Conclusions9. In the Long Run: Institutions and SystemsBibliographyIndex