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The Growth and Decline of Small firmsIn Developing Countries
Coad, Alexander; Tamvada, Jagannadha Pawan - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2008
Empirical work on micro and small firms has focused on developed countries.The little work that exists on developing countries is all too often based on smallsamples taken from ad hoc questionnaires. The census data we analyze are fairlyrepresentative of the structure of small business in India....
Persistent link: https://www.econbiz.de/10005867795
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Accounting for evolution:An assessment of thepopulation method
Metcalfe, J. S. - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2004
The theme of these notes, in general, is the population dynamics of evolutionaryprocesses, and, in particular, a number of accounting concepts that are central to anyunderstanding of processes of evolution of the variation and selective retention kind.The accounting concepts I use are naturally...
Persistent link: https://www.econbiz.de/10005866047
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Tracing Empirical Trails ofSchumpeterian Development
Peneder, Michael - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2004
Schumpeterian development is characterised by the simultaneous interplay of growthand qualitative transformations of the economic system. At the sectoral level, suchqualitative transformations become manifest as variations in the sectoral composition ofproduction. Following the implementation of...
Persistent link: https://www.econbiz.de/10005866053
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Evolutionary Micro-founded Technical Changeand The Kaldor-Verdoorn Law:Estimates from an Artificial World
Lorentz, André - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2009
This paper proposes to identify the micro-level sources for the dy-namic increasing returns occurring at an aggregate level. The paperreverts to a micro model of technological change in-line with the evolu-tionary literature on industrial dynamics. The data generated throughnumerical simulations...
Persistent link: https://www.econbiz.de/10005867742
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How to generalize Darwinism suitably to helpunderstand both the evolutionand the development of economies
Pelikan, Pavel - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2008
This paper agrees that a suitably generalized Darwinism may help understandsocioeconomic change, but finds the most publicized generalization by Hodgson and Knudsenunsuitable. To do better, it generalizes the extension of Neo-Darwinism into evolutionarydevelopmental biology (“evo-devo”),...
Persistent link: https://www.econbiz.de/10005867749
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Competition as an AmbiguousDiscovery Procedure: A Reappraisal ofHayek’s Epistemic Market Liberalism
Witt, Ulrich - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2011
Epistemic arguments play a significant role in Hayek’s defense of market liberalism. Hisclaim that market competition is a discovery procedure that serves the common good is acase in point. The hypothesis of the markets’ efficient use of existing knowledge issupplemented by the idea that...
Persistent link: https://www.econbiz.de/10009138586
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As Innovations Drive Economic Growth, Do They also Raise Well-Being?
Binder, Martin; Witt, Ulrich - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2011
While there is little doubt that innovations drive economic growth, their effects on well-being areless clear. One reason for this are ambivalent effects of innovations on well-being that result frompecuniary and technological externalities of innovations, argued to be inevitable. Another...
Persistent link: https://www.econbiz.de/10009138587
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The Dynamics of Consumer Behavior and the Transition to Sustainable Consumption Patterns
Witt, Ulrich - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2011
theory of consumption is suggested and discussedwith respect to its implications for making a transition to more sustainable …
Persistent link: https://www.econbiz.de/10009138589
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Environmental and Climate Innovation:Limitations, Prices and Policies
Bergh, Jeroen C. J. M. van den - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2011
There is currently much hope about environmental innovation and green technologies, notablyas a response to the threat … of climate change. This paper offers a critical perspective on the roleof technological innovation to solving … environmental and innovation policies to stimulateenvironmental innovation, to escape current and to evade early new lock-ins, and …
Persistent link: https://www.econbiz.de/10009138614
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Will imitators follow pioneer consumers in the adoption of solar thermal systems? Empirical evidence for North-West Germany
Wörsdorfer, Julia Sophie; Kaus, Wolfhard - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2010
from innovation economics and evolutionaryconsumer theory, we posit that these variables play a dierent role at …
Persistent link: https://www.econbiz.de/10009138626