Schumpeterian growth regimes

Cristiano Antonelli

Chapter 2 in A Research Agenda for Entrepreneurship and Innovation, 2019, pp 4-29 from Edward Elgar Publishing

Abstract: The advances of the economics of knowledge provide the tools to study the changing organization of economic systems. Schumpeterian growth regimes identify the governance mechanisms of the generation and exploitation of knowledge as the engine of economic growth. The limited exhaustibility and appropriability of knowledge require specific coordination procedures at the system and the firm level to take advantage of the potential for increasing returns. The changing mix of such governance mechanisms enables us to identify the emergence and decline of different growth regimes: the entrepreneurial growth regime, the corporate growth regime and the knowledge growth regime.

Keywords: Business and Management; Economics and Finance; Innovations and Technology (search for similar items in EconPapers)
Date: 2019
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