Technological evolution, variety, and the economy

Description:

Technological Evolution, Variety and the Economy discusses the fundamental role played by qualitative change in economic development, the contribution made by technological change and innovation, and the theoretical analysis of these phenomena in terms of evolutionary theories. Pier Paolo Saviotti's major new book goes beyond studying the effects of technological change on known economic variables. In addressing the actors and mechanisms of technological change, Dr Saviotti focuses first on changes in product technology and then examines the evolution of organizations with special reference to their use of information and knowledge. Using an evolutionary framework, he develops a model of technological evolution based on replicator dynamics which explicitly introduces these key actors and mechanisms. An in-depth discussion of the present state of evolutionary theories focuses on their methodological foundations and applicability to learning in organizations.

subjects: Diffusion of innovations,  Economic aspects,  Economic aspects of Technological innovations,  Economics, Mathematical,  Evolutionary economics,  Mathematical Economics,  Mathematical models,  Technological innovations,  Science économique,  Mathématiques financières,  Aspects économiques,  Innovations technologiques,  Evolutorische Wirtschaft,  Technischer Fortschritt,  Technische vernieuwing,  Innovatiediffusie,  Technische ontwikkeling,  Wiskundige economie,  Technological innovations, economic aspects