Adaptive economic growth

This paper develops an evolutionary theory of adaptive growth, understood as a product of structural change and economic self-transformation, based upon processes that are closely connected with but not reducible to the growth of knowledge. The dominant connecting theme is enterprise, the innovative...

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Veröffentlicht in:	Cambridge journal of economics 2006-01, Vol.30 (1), p.7-32
Hauptverfasser:	Metcalfe, J. Stan, Foster, John, Ramlogan, Ronnie
Format:	Artikel
Sprache:	eng
Schlagworte:	Adaptation Aggregates Competitive advantage Demand functions Economic growth Economic growth rate Economic growth theories Economic models Economic theory Elasticity of demand Employment Evolution and growth Evolutionary economics Growth theory Increasing returns Industrial growth Industrial market Industrial output Industrial productivity Industry Innovations Investment Knowledge Macroeconomics Productivity Productivity growth Returns to scale Structural change Studies System theory Technical progress Technological change
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