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Endogenous Schumpeterian Growth, the Productivity Slowdown, and Entrepreneurial Dynamics

Endogenous Schumpeterian Growth, the Productivity Slowdown, and Entrepreneurial Dynamics This paper used concepts from chaotical dynamic systems, information theory, and cybernetics to develop a model that depicts a Schumpeterian process through which entrepreneurs search for new combinations of both products and production processes that result in increased productivity and growth. The model provides the basis for an alternative conceptual framework for conducting research into the causes of the productivity slowdown that began in the United States in the early 1970s and continued until recently. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Small Business Economics Springer Journals

Endogenous Schumpeterian Growth, the Productivity Slowdown, and Entrepreneurial Dynamics

Jenner, Richard
Small Business Economics , Volume 11 (4) – Oct 6, 2004
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References (35)

Publisher
Springer Journals
Copyright
Copyright © 1998 by Kluwer Academic Publishers
Subject
Business and Management; Management; Microeconomics; Entrepreneurship; Industrial Organization
ISSN
0921-898X
eISSN
1573-0913
DOI
10.1023/A:1008099431979
Publisher site
See Article on Publisher Site

Abstract

This paper used concepts from chaotical dynamic systems, information theory, and cybernetics to develop a model that depicts a Schumpeterian process through which entrepreneurs search for new combinations of both products and production processes that result in increased productivity and growth. The model provides the basis for an alternative conceptual framework for conducting research into the causes of the productivity slowdown that began in the United States in the early 1970s and continued until recently.

Journal

Small Business Economics – Springer Journals

Published: Oct 6, 2004

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