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Evolutionary Economics and Creative Destruction

By: (Edited by) J. Stanley Metcalfe

Werezi Extended Catalogue
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Ksh 10,800.00

Format: Paperback / Softback

ISBN-10: 041540648X

ISBN-13: 9780415406482

Series: The Graz Schumpeter Lectures

Publisher: Taylor & Francis Ltd

Imprint: Routledge

Country of Manufacture: GB

Country of Publication: GB

Publication Date: Apr 6th, 2006

Print length: 168 Pages

Weight: 260 grams

Dimensions (height x width x thickness): 15.70 x 23.40 x 1.40 cms

Product Classification: Economics

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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.
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.

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