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Agents of Change

In: The Two Sides of Innovation

Author

Listed:
  • Caroline Gerschlager

    (Wirtschaftsuniversität Wien
    Université Libre de Bruxelles)

Abstract
Evolutionary accounts in economics have offered a new look at economic development. Advancing on the limited cognitive capacities, they have shown that structural change follows technological, institutional and ideological paths. The present examination suggests an add-on to this cognitive portrayal of change. Drawing on Schumpeter’s theory of innovation and Adam Smith’s theory of knowledge, it analyzes human motives as important drivers of development. It brings in the dynamic nature of human motives and particularly discusses the human will as a requirement of change.

Suggested Citation

  • Caroline Gerschlager, 2013. "Agents of Change," Economic Complexity and Evolution, in: Guido Buenstorf & Uwe Cantner & Horst Hanusch & Michael Hutter & Hans-Walter Lorenz & Fritz Rahmeyer (ed.), The Two Sides of Innovation, edition 127, pages 11-38, Springer.
    • Handle: RePEc:spr:eccchp:978-3-319-01496-8_2
    DOI: 10.1007/978-3-319-01496-8_2
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    Cited by:

    1. Brendan Markey-Towler, 2018. "Antifragility, the Black Swan and psychology," Evolutionary and Institutional Economics Review, Springer, vol. 15(2), pages 367-384, December.

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