Creative response in economic history

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Sammanfattning

Understanding how innovation comes about is essential to furthering economic development and sustainable transitions. Noting “creative response” (Schumpeter, 1947) as a broad notion of how agents respond to changes in their environment, this lemma surveys main contributions to our understanding of innovation as endogenous to social and economic mechanisms. Through a review of economic historical debates, this entry discusses the problem of to what extent significant innovations emerge “ab nihilo”, or reflect the problems and opportunities of the day.
Originalspråkengelska
Titel på värdpublikationElgar Encyclopedia on the Economics of Knowledge and Innovation
RedaktörerCristiano Antonelli
FörlagEdward Elgar Publishing
Sidor71-80
Antal sidor10
ISBN (elektroniskt)978 1 83910 698 9
ISBN (tryckt)978 1 83910 698 9
StatusAccepted/In press - 2022 okt.

Ämnesklassifikation (UKÄ)

  • Ekonomisk historia

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