Creation, Innovation and Diffusion of Knowledge: General and Specific Economic Impacts

Å. E. Andersson

Chapter 2 in Technological Change, Economic Development and Space, 1995, pp 13-33 from Springer

Abstract: Abstract Chaos is a generic outcome of interdependent, non-linear dynamic processes. Knowledge and economic development is, without any doubt, determined in a system that is riddled by non-linearities and mutual interaction between variables. Thus, on purely mathematical grounds, we should expect long-term economic development to be chaotic, i.e. unpredictable but viable. That these phenomena occur even in rather simple non-linear dynamic models has been shown for example by Puu (1989).

Keywords: Slow Process; Critical Idea; Creative Organization; Fundamental Scientific Research; Monopolistic Competition (search for similar items in EconPapers)
Date: 1995
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DOI: 10.1007/978-3-642-79760-6_2

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