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Evolutionary Economics and Creative Destruction by J.Stanley Metcalfe β€” book cover

Evolutionary Economics and Creative Destruction

by J.Stanley Metcalfe
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Overview

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.

Synopsis

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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Book Details

Published
January 1, 1998
Publisher
Taylor & Francis, Inc.
Pages
168
Format
Hardcover
ISBN
9780415158688

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