Foundations of Economic Change (eBook)

Introduction.- Part 1 Foundations of Economic Change.- Foundations of economic change—an extended Schumpeterian approach.- Behavior and Cognition of Economic Actors in Evolutionary Economics.- Upward and downward complementarity: The meso core of evolutionary growth theory.- Part 2: Aggregate Outcomes.- Global Dynamics, Capabilities and the Crisis.- Convergence or Divergence: A Nonparametric Analysis on China’s Regional Disparity.- Micro to Macro Evolutionary Modeling – On the economics of self-organization of dynamic markets by ignorant actors.- Firms Navigating Through Innovation Spaces: A Conceptualization.- A Proposal for a ‘National Innovation System plus Subjective Well Being’ Approach and an Evolutionary Systemic Normative Theory of Innovation.- Part 3: Behaviour.- The reason why seemingly fit firms do not necessarily grow: Confounded economic selection and how to measure it.- The roots of growth: entrepreneurship, innovation and the capitalist firm.- The Journey of Innovation From Incremental to Radical Innovation and High‐Tech Innovation Cascades.- Schumpeterian incumbents and industry evolution.- Incremental by Design? On the Role of Incumbents in Technology Niches An Evolutionary Network Analysis.- Entrepreneurs’ Overoptimism during the early Life Course of the Firm.- Part 4: Interaction.- Knowledge Spillovers through FDI and Trade: Moderating Role of Quality Adjusted Human Capital.- Export, R&D and New Products. A Model and a Test on European Industries.- Using Simulation Experiments to Test Historical Explanations: The Development of the German Dye Industry 1857‐1913.- From the Marshallian search for Equilibrium to Schumpeterian Dynamics. A Simulation Model.- Understanding the complex nature of innovation network evolution.- Why Does Sports Equipment Sometimes Become Too Sophisticated and Expensive? : A Case Study of the Overshooting Hypothesis in Board Sports.