Competition and Economic Progress

Neil Niman ()

Journal of Bioeconomics, 2000, vol. 2, issue 3, 231 pages

Abstract: In a recent article, Michael Ghiselin has suggested that what economics has to offer biology is an entrepreneurial conception of the (natural) economy. Creating such a theory would make it possible to explain how the Darwinian view of progress as the outcome of a competitive push (leading to gradual change) and an opportunity pull (generating episodic change) can coexist. However, accomplishing such a task requires the introduction of technological change into the standard economic model, and with it, a broader theory of the competitive process. Copyright Kluwer Academic Publishers 2000

Keywords: entrepreneurial; evolutionary economics; schumpeter; technological change (search for similar items in EconPapers)
Date: 2000
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DOI: 10.1023/A:1012220127250

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