Journals / Ekonomik Yaklaşım / 2008 / Cilt: 19 - Sayı: 69

Toward to a Heterodox Microeconomic Theory: Technological Development Approach of Evolutionary Economics and Nature of Firm

Heterodoks Bir Mikro İktisat Teorisine Doğru: Evrimci İktisadın Teknolojik Gelişme Yaklaşımı ve Firmanın Doğası

Pages
1–32
Publication Date
2022-10-18
DOI
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AI Summary & Key Takeaways

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⚡ TL;DR(Too Long; Didn't Read)

Moreover, this paper presents an assessment of emergent topics in the evolutionary literature, namely self-organization and complexity theory.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:This paper deals with the theories of evolutionary economics and the evolutionary nature of the firm.
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Key Findings & Data:Although mainstream economics, which is influenced by equilibrium-based Newtonian mechanics, dominates the academic-world we have seen a revival of interest in evolutionary ideas in heterodox economics more generally over the last two decades.
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Conclusion & Impact:Moreover, this paper presents an assessment of emergent topics in the evolutionary literature, namely self-organization and complexity theory.
🔬Design:Research Article
📍Scope:Comprehensive Sample
⚙️Variables:Domain Parameters

Abstract

This paper deals with the theories of evolutionary economics and the evolutionary nature of the firm. Although mainstream economics, which is influenced by equilibrium-based Newtonian mechanics, dominates the academic-world we have seen a revival of interest in evolutionary ideas in heterodox economics more generally over the last two decades. Contemporary evolutionary economics, which mainly stems from works of Schumpeter, focuses on entrepreneurship and technological change in the capitalist economy and criticizes the static framework of neoclassic economics. The main aim of this paper is to summarize evolutionary approaches in economics and to investigate the source of technological change at the firm level. Main presumptions of evolutionary economics can be summarized as the consideration of dynamics, the acceptance of heterogeneity among agents and the view of interaction among agents as a selection mechanism and finally the recognition of source of continuous novelty in society. Moreover, this paper presents an assessment of emergent topics in the evolutionary literature, namely self-organization and complexity theory.

Özet

Bu çalışma evrimci iktisat teorileri ve firmanın evrimci doğası ile ilgilenmektedir. Denge merkezli Newtoncu mekanikten etkilenen ana akım iktisat, akademik dünyaya egemen olmakla birlikte, son yirmi yılda evrimci düşünceler heterodoks ekonomik yaklaşım içerisinde daha fazla ilgi çekmektedir. Çağdaş evrimci iktisat, neoklasik iktisadın statik kavramsal çerçevesini eleştiren, kapitalist ekonomideki girişimciliğe ve teknolojik değişime odaklanan Schumpeter’in çalışmalarından gelişmiştir. Bu çalışmanın temel amacı; iktisattaki evrimci yaklaşımları özetlemek ve teknolojik değişmenin firma düzeyindeki kaynaklarını araştırmaktır. Evrimci iktisadın temel özellikleri, iktisadi dinamiği dikkate alması, iktisadi ajanları heterojen olarak kabul etmesi, ajanlar arasındaki etkileşimi bir seçilim mekanizması olarak ele alması ve sonuç olarak toplumdaki yeniliğin kaynaklarını araştırması olarak özetlenebilir. Bu çalışma öz-örgütlenme ve karmaşıklık teorisi gibi evrimci iktisatta yeni tartışılan konular üzerine de bir değerlendirme sunmaktadır.

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Cite This Article

TUNCEL, C. O. (2022). Toward to a Heterodox Microeconomic Theory: Technological Development Approach of Evolutionary Economics and Nature of Firm. Ekonomik Yaklaşım, Cilt: 19 - Sayı: 69, 1–32. https://ajindex.com/articles/499755

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