International Schumpeter Society. Meeting's Books

Change, Transformation and Development

With 61 Tables

By: International Schumpeter Society. Meeting,J. Stanley Metcalfe,Uwe Cantner

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Change, Transformation and Development

With 61 Tables

By: International Schumpeter Society. Meeting,J. Stanley Metcalfe,Uwe Cantner

This volume contains a collection of papers all concerned with the exploration of economic and social dynamics in relation to the innovation process and its outcomes. This theme is firmly rooted in the Schumpeterian tradition in which an economic perspective is mutually embedded in a wider awareness of the role of other disciplines. Indeed since Schumpeter's time, the degree of specialisation within the social sciences has risen many fold, new sub disciplines continue to emerge, highly specialised theoretical tools and empirical methods continue to be developed, and new fields for the study of management and business overlap with the more traditional social sciences. There is, consequently, a need for connecting principles to offset the dangers of intellectual fragmentation. Evolutionary economics and evolutionary analysis more generally, certainly provide some of these connecting principles. The various contributions to this volume reflect upon this research programme in a number of ways.

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472

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Springer Science & Business Media

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ISBN 10

3790815454

ISBN 13

9783790815450

Capitalism and Democracy in the 21st Century

Proceedings of the International Joseph A. Schumpeter Society Conference, Vienna 1998 "Capitalism and Socialism in the 21st Century"

By: International Schumpeter Society. Meeting,Dennis C. Mueller,Uwe Cantner

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Capitalism and Democracy in the 21st Century

Proceedings of the International Joseph A. Schumpeter Society Conference, Vienna 1998 "Capitalism and Socialism in the 21st Century"

By: International Schumpeter Society. Meeting,Dennis C. Mueller,Uwe Cantner

The collected papers in this volume are all concerned either in a direct sense or in a more wider perspective with the work of Joseph A. Schumpeter. Looking at Schumpeter's work, his lasting influence on important areas of research can be identified. One of these areas is obviously Schumpeter's idea about the future capitalism, a second one the issue of innovation and its consequences for economic development. A third area is concerned with the political process and the role of political leadership. The collection of this volume is developed along these main lines, complemented by papers discussing the place of Schumpeter's work within the history of economic analysis.

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386

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Springer Science & Business Media

Published Date

ISBN 10

3790813508

ISBN 13

9783790813500

Capitalism and Democracy in the 21st Century

Proceedings of the International Joseph A. Schumpeter Society Conference, Vienna 1998 "Capitalism and Socialism in the 21st Century"

By: International Schumpeter Society. Meeting,Dennis C. Mueller,Uwe Cantner

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Capitalism and Democracy in the 21st Century

Proceedings of the International Joseph A. Schumpeter Society Conference, Vienna 1998 "Capitalism and Socialism in the 21st Century"

By: International Schumpeter Society. Meeting,Dennis C. Mueller,Uwe Cantner

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386

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3790813508

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9783790813500

Entrepreneurship, the New Economy and Public Policy

Schumpeterian Perspectives

By: Uwe Cantner,Elias Dinopoulos,Robert F. Lanzillotti

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Entrepreneurship, the New Economy and Public Policy

Schumpeterian Perspectives

By: Uwe Cantner,Elias Dinopoulos,Robert F. Lanzillotti

Silicon Valley is the most salient example of high-tech industrial clusters. Public policymakersthroughouttheworldwouldliketolearnthesecretsofSiliconValley in order to build their own high-tech economies. The existing literature on ind- trial clusters, which traces back to Marshall (1920), focuses on the way in which ?rms bene?t from locating in a cluster; it suggests that once a cluster comes into existence, it tends to reinforce itself by attracting more ?rms. However, a more important question is how to reach this critical mass in the ?rst place. In contrast to the literature, evidence suggests that entrepreneurs rarely move when they est- lish high-tech start-ups (Cooper and Folta, 2000). This contradicts the notion that location choice analyses lead entrepreneurs to a high-tech cluster. A high-tech industrial cluster such as Silicon Valley is characterized by c- centratedentrepreneurship. FollowingSchumpeter,weemphasizethefactthat“the appearance of one or a few entrepreneurs facilitates the appearance of others” (Schumpeter,1934). Weproposeanagent-basedcomputationalmodeltoshowhow high-tech industrial clusters could emerge in a landscape in which no ?rms existed originally. The model is essentially a spatial version of the Nelson-Winter model: Boundedly rational agents are scattered over an explicitly de?ned landscape. Each agent is endowed with some technology, which determines his ?rm’s productivity (if he has one). During each period of time, an agent with no ?rm would make a decision as to whether he wants to start one. This decision is mostly affected by the behavior of his social contacts, who are all his neighbors.

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ISBN 10

3540226133

ISBN 13

9783540226130

Book's by International Schumpeter Society. Meeting

Change, Transformation and Development

Change, Transformation and Development

Capitalism and Democracy in the 21st Century

Capitalism and Democracy in the 21st Century

Capitalism and Democracy in the 21st Century

Capitalism and Democracy in the 21st Century

Entrepreneurship, the New Economy and Public Policy

Entrepreneurship, the New Economy and Public Policy

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