Technology and social rules and norms in neo-Schumpeterian economics and in original institutional economics

Autor:	Henning Schwardt
Jazyk:	angličtina
Rok vydání:	2023
Předmět:	social rules and norms institutions innovation evolutionary process Political science Economic theory. Demography HB1-3840
Zdroj:	PSL Quarterly Review, Vol 75, Iss 303 (2023)
Druh dokumentu:	article
ISSN:	2037-3643 2037-3635
DOI:	10.13133/2037-3643/17371
Popis:	The foundation for both the neo-Schumpeterian and original institutional economics school of thought is the emphasis on evolutionary processes in economies. The relationship between technology and the social rules and norms that coordinate the behavior of people provides the focus for their respective conceptualizations of such processes. However, the seemingly familial relation of their analytical frameworks is tempered by how they conceptualize social rules and norms. We discuss the differences between neo-Schumpeterian and original institutional economics. These differences are a result of each approach’s conceptualizations of social rules and norms, in particular when it comes to evolutionary processes and innovation dynamics.
Databáze:	Directory of Open Access Journals
Externí odkaz:	https://doaj.org/article/4c6cd4a0fd42433d8193c4e95c05ec28 Zobrazit plný text záznamu View record in DOAJ