Evolutionary innovations: learning, entrepreneurship and the dynamics of the firm

Maureen McKelvey ()
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Maureen McKelvey: Department of Technology and Social Change, University of Link, ping, S-581 83 Link, ping, Sweden

Journal of Evolutionary Economics, 1998, vol. 8, issue 2, 157-175

Abstract: This article discusses the three concepts of `learning', `entrepreneurship' and `dynamics of the firm' in order to bridge some of the gap between micro and macro levels of analysis in evolutionary economics. This article addresses the following four issues: 1) Localized learning dependent on the extent to which knowledge is individual vs. collective, 2) Entrepreneurship distributed in systems of innovation, 3) Entrepreneurs changing selection criteria, and 4) Rationality vs. uncertainty affecting the dynamics of firms.

Keywords: Evolutionary economics; Learning; Entrepreneurship; Firm dynamics; Biotechnology; Systems of innovation; Tacit knowledge (search for similar items in EconPapers)
JEL-codes: L65 O31 (search for similar items in EconPapers)
Date: 1998-07-27
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Citations: View citations in EconPapers (9)

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