This book contains the most sustained and serious attack on mainstream, neoclassical economics in more than forty years. Nelson and Winter focus their critique

Recently, evolutionary theories of economic and technological change have attracted a considerable amount of attention which reflects the problems encountered b

Evolutionary economics sees the economy as always in motion with change being driven largely by continuing innovation. This approach to economics, heavily influ

This text discusses the fundamental role played by qualitative change in economic development and the contribution made by technological change and innovation.

The growth of evolutionary thinking has had a profound impact on economic theory and related fields such as strategy and technological innovation. An important