Description
Book SynopsisEvolutionary Economics and Path Dependence presents important new theoretical and empirical work on economic change, learning processes, institutional change, choice and path dependency.
The theoretical section includes discussion of the microfoundations of path dependency, path dependency in industrial networks, path dependence and the theory of the firm, lock-in effects in relation to professional organizations, the notion of bricolage in relation to path dependency and new and neo-institutional perspectives on the theory of the firm. The empirical part focuses on institutional change in the communications and transport sectors of the economy. More specifically it shows how path dependency occurs and develops through various types of lock-in effects within institutions.
This book will be essential reading for academics and students of economics and economic history wishing to keep up-to-date with research at the frontier of this exciting field.
Table of ContentsContents: 1. Introduction L. Magnusson and J. Ottosson 2. Mechanisms of Evolutionary Change in Economic Governance: Interaction, Interpretation and Bricolage J.L. Campbell 3. Theory of the Firm Revisited: New and Neo-institutional Perspectives J. Groenewegen and J. Vromen 4. Path-dependence of Knowledge: Implications for the Theory of the Firm B. Nooteboom 5. Strategic Lock-in as a Human Issue: The Role of Professional Orientation M. Dietrich 6. The Microfoundations of Path-dependency S. Rizzello 7. Paths in Time and Space – Path-Dependence in Industrial Networks H. Hakansson and A. Lundgren 8. The Making of National Telephone Networks in Scandinavia. The State and the Emergence of National Regulatory Patterns 1880–1920 L. Andersson-Skog 9. Institutions as Determinants of Institutional Change – Case Studies in the Field of EEC Transport Policy J. Bergdahl and J.L. Östlund 10. Institutional Change and European Air Transport, 1910–1985 P.J. Lyth 11. Path Dependence and Institutional Evolution – The Case of the Nationalisation of Private Railroads in Interwar Sweden J. Ottosson References Index
