Evolutionary Economics and Creative Destruction

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Category=KC
competitive
Differential Accumulation
dynamic
Dynamic Firms
Economic Fitness
economic variety models
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
evolutionary competition theory
Feed Back
firm behaviour analysis
Firm's Market Share
firms
Firm’s Market Share
fisher's
Fisher's Principle
Fisher’s Principle
fitness
Follow
innovation management
Innovation Opportunities
innovation-driven competitive advantage
Key Stone
Long Run Average Cost Curve
market
Market Co-ordination
market coordination
Market Growth Rate
Neoclassical General Equilibrium Theory
Nonbasic Sector
Price Setting Behaviour
principle
process
Production Line Model
Profit Rate Differentials
replicator
Replicator Dynamic
rival
Selection Set
technology policy research
Technology Support Systems
UK Foresight
UK Industry
UK Manufacture Sector
Vice Versa

Product details

  • ISBN 9780415406482
  • Weight: 249g
  • Dimensions: 156 x 234mm
  • Publication Date: 06 Apr 2006
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Paperback
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The central theme of this book is competition treated as an evolutionary process in which the focus is upon economic change and not economic equilibrium. This theme is explored by linking together differences in economic behaviour with the role of markets as co-ordinating institutions. In this picture innovation plays a central role as a primary source of differential behaviour of firms and the purpose of the book is to identify the consequences of these differences for competition and competitive advantage.