A critical realist interpretation of evolutionary growth theorising

Fulvio Castellacci

MPRA Paper from University Library of Munich, Germany

Abstract: The article discusses a critical realist interpretation of evolutionary growth theorising by focusing on some of its basic characteristics. The evolutionary ontology is complex, differentiated, structured, systemic, open, ever-changing, and radically uncertain. Its methodology tends to be increasingly based on appreciative theorising, retroductive explanations and interdisciplinary analysis. After discussing these features, the article suggests that critical realism may indeed constitute an important philosophical and methodological foundation for the future development of evolutionary theories of economic growth.

Keywords: Critical realism; evolutionary economics; innovation; economic growth (search for similar items in EconPapers)
JEL-codes: B41 B52 O30 (search for similar items in EconPapers)
Date: 2005
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Citations: View citations in EconPapers (5)

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Journal Article: A critical realist interpretation of evolutionary growth theorising (2006)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:27603

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