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theory of innovation

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Journal Article
History of Political Economy (2021) 53 (3): 461–478.
Published: 01 June 2021
... to realize economic development. Based on these findings, this thesis argues that Justi’s theories of industrialization and innovation contemplated a model of economic development similar to what is known today as “Schumpeterian growth.” This article aims to deepen our understanding of the significance...
Journal Article
History of Political Economy (2010) 42 (2): 395–397.
Published: 01 June 2010
... reading this collection of essays. Neil T. Skaggs, Illinois State University 10.1215/00182702-2010-013 Debt, Innovations, and Defl ation: The Theories of Veblen, Fisher, Schumpeter, and Minsky. By J. Patrick...
Journal Article
History of Political Economy (2009) 41 (1): 143–162.
Published: 01 March 2009
...Alberto Baccini Probability theory has a central role in Edgeworth's thought; this article examines the philosophical foundation of the theory. Starting from a frequentist position, Edgeworth introduced some innovations to the definition of primitive probabilities. He distinguished between...
Journal Article
History of Political Economy (2009) 41 (3): 545–574.
Published: 01 September 2009
... reevaluating Smith’s positions. The outcome is an innovative, revisionist monetary theory in which Thornton criticizes Smith’s empirical observa- tion that the quantity of notes in circulation, particularly those issued by the Bank of England, was too high.14 This was a point of great importance...
Journal Article
History of Political Economy (2015) 47 (4): 547–575.
Published: 01 December 2015
... force that spurred both enterprise and innovation, and some decades later David Hume as well as Adam Smith would stress that the 1. A few years later Thorstein Veblen published The Theory of the Leisure Class (1899), where the issue of social interaction was dealt with in terms of “conspicuous...
Journal Article
History of Political Economy (2019) 51 (S1): 180–203.
Published: 01 December 2019
...Olessia Kirtchik This article is focused on the economic works of the Soviet machinelearning pioneer Emmanuil Braverman, who published, during the 1970s, a series of papers introducing disequilibrium fixed-price models of the Soviet economy. This highly original theory, developed independently from...
Journal Article
History of Political Economy (2009) 41 (2): 271–295.
Published: 01 June 2009
... competition and called for legislative intervention, Dunoyer drew the conclusion that such economies were naturally subject to alternating periods of “activity” and “relapse.” Using the innovative idea of the cycle, Dunoyer incorporated Sismondi's theory into the Sayardian conception of political economy...
Journal Article
History of Political Economy (2011) 43 (suppl_1): 166–187.
Published: 01 December 2011
...Robert W. Dimand Best known as a Keynesian macroeconomist and monetary theorist, James Tobin was also actively engaged in empirical economics from his doctoral dissertation onward. His innovative combination of time-series data with household budget surveys in his 1947 dissertation and 1950 food...
Journal Article
History of Political Economy (1988) 20 (2): 235–250.
Published: 01 June 1988
.... 1942b . ‘The illusion of the “managerial revolution.”’ Science and Society . Sweezy , P. 1943 . ‘Professor Schumpeter's theory of innovation.’ Review of Economics and Statistics . Sweezy , P. 1949 . ‘Fabian political economy.’ Journal of Political Economy . Weeks , J. 1981...
Journal Article
History of Political Economy (2001) 33 (1): 175–177.
Published: 01 March 2001
... deserve more attention. In that it achieves this objective,the book is a success and ought to be read. 176 Book Reviews Of particular importance are the chapters on Rae’s theory of innovation and growth, in which invention rather than capital accumulation was the driving force. The book makes...
Journal Article
History of Political Economy (2016) 48 (3): 489–514.
Published: 01 September 2016
... Odile Lakomski-Laguerre Compared to his theory of innovation and entrepreneurship, Joseph Schumpeter’s monetary thought has not been as successful. Despite the vast literature devoted to his work, only a few writings have focused on the topic of money. Whenever they have, they have dealt...
Journal Article
History of Political Economy (2018) 50 (1): 119–154.
Published: 01 March 2018
... William . 1978 . The Productivity Dilemma: Roadblock to Innovation in the Automobile Industry . Baltimore : The Johns Hopkins University Press . Alchian Armen . 1950 . “ Uncertainty, Evolution and Economic Theory .” Journal of Political Economy 58 ( 3 ): 211 – 21 . Arrow...
Journal Article
History of Political Economy (1984) 16 (3): 331–348.
Published: 01 September 1984
.... The difficulty with Veblen’s treat- ment is not that there is no theory of innovation, but that he provides almost no examples of the conflict between industrial and pecuniary effi- ciency which relate specifically to new technology. His examples of the conflict of industrial and pecuniary criteria...
Journal Article
History of Political Economy (2021) 53 (1): 1–34.
Published: 01 February 2021
...- tion and innovation. When examining innovation theories in the interwar period, Joseph Schumpeter s contributions to innovation and economic development can be considered the most influential (Schumpeter 1911, 1934, 1939). Gilfillan notably had a correspondence with Schumpeter in Ballandonne / Eugenics...
Journal Article
History of Political Economy (1998) 30 (3): 369–412.
Published: 01 September 1998
... power was necessary to drive his selection process and thus average industry productivity change, while innovation was defensive rather than aggressive as in Schumpeter. His stimulus from Schumpeter set him building a theory with the Marshallian tools of his Oxford education, not a theory...
Journal Article
History of Political Economy (2004) 36 (4): 761–762.
Published: 01 November 2004
... with Schumpeter’s theory of innovation. As usual with works on Keynes’s philosophy, Marshall is awarded unjustifiably little attention, but at least the few references are unusually sympathetic: Bateman on the role of confidence and Winslow on the roles of mathematics and modeling firmly root Keynes’s...
Journal Article
History of Political Economy (2004) 36 (4): 763–765.
Published: 01 November 2004
... with Schumpeter’s theory of innovation. As usual with works on Keynes’s philosophy, Marshall is awarded unjustifiably little attention, but at least the few references are unusually sympathetic: Bateman on the role of confidence and Winslow on the roles of mathematics and modeling firmly root Keynes’s...
Journal Article
History of Political Economy (2004) 36 (4): 765–767.
Published: 01 November 2004
...- ergodic,” open notion of uncertainty and the future, whereas Stephen F. Dunn, in a previous chapter, unfavorably compares Keynes’s timidity in admitting radical nov- elty with Schumpeter’s theory of innovation. As usual with works on Keynes’s philosophy, Marshall is awarded unjustifiably little...
Journal Article
History of Political Economy (2004) 36 (4): 768–769.
Published: 01 November 2004
...- ergodic,” open notion of uncertainty and the future, whereas Stephen F. Dunn, in a previous chapter, unfavorably compares Keynes’s timidity in admitting radical nov- elty with Schumpeter’s theory of innovation. As usual with works on Keynes’s philosophy, Marshall is awarded unjustifiably little...
Journal Article
History of Political Economy (2004) 36 (4): 769–771.
Published: 01 November 2004
... of uncertainty and the future, whereas Stephen F. Dunn, in a previous chapter, unfavorably compares Keynes’s timidity in admitting radical nov- elty with Schumpeter’s theory of innovation. As usual with works on Keynes’s philosophy, Marshall is awarded unjustifiably little attention, but at least...