Handbook on the Economic Complexity of Technological Change - Hardcover

Hardcover

ISBN 10: 1848442564 ISBN 13: 9781848442566

Publisher: Edward Elgar Publishing, 2011

Synopsis

This comprehensive and innovative Handbook applies the tools of the economics of complexity to analyze the causes and effects of technological and structural change. It grafts the intuitions of the economics of complexity into the tradition of analysis based upon the Schumpeterian and Marshallian legacies.

The Handbook elaborates the notion of innovation as an emerging property of the organized complexity of an economic system, and provides the basic tools to understand the recursive dynamics between the emergence of innovation and the unfolding of organized complexity. In so doing, it highlights the role of organizational thinking in explaining the introduction of innovations and the dynamics of structural change.

With a new methodological approach to the economics of technological change, this wide-ranging volume will become the standard reference for postgraduates, academics and practitioners in the fields of evolutionary economics, complexity economics and the economics of innovation.

About this title

About the Author:

Edited by Cristiano Antonelli, Professor, Department of Economics, University of Turin and Fellow, Collegio Carlo Alberto, Italy

Review:

The editor of this Handbook, Cristiano Antonelli, is to commended for the high quality of the group of authors he has assembled for this project. They provide excellent coverage of the various areas within the field, covering complexity of innovation, complexity of knowledge, complexity of structural change and development, and lessons and implications for economic policy. This is an important and evolving topic, and this book captures the cutting edge of research on it, particularly in connection with the broader idea of economic complexity. --J. Barkley Rosser, Jr., James Madison University, US

My overall impression of the handbook is very favourable. It gives a broad overview of the different topics addressed by complexity economics, especially with regard to innovation and knowledge management. Knowledge and innovation are treated as the emergent properties of a system in which heterogeneous actors interact in different ways at different levels: the firm (meso), the individual (micro), and society (macro). Both Antonelli s and Bonaccorsi's chapters are treasure troves of concepts and ideas, although not necessarily for the complexity novice. Lane's chapter, however, provides an excellent introduction. . . For researchers in the field of economics and those that are interested in 'complexity in the real world', this handbook provides ample discussion and research roads ahead. --Andreas Ligtvoet, Science and Public Policy

Antonelli's handbook is an impressive compendium of theoretical approaches to complexity in economics that has emerged during the last two decades. . . this handbook is an amazing excursus on the state of the art of complexity thinking in the economics of technological change. Not only did the compendium reinforce the achievements of other theory textbooks in this field; it also paves the way for a ''normalisation'' of complexity in economics. It strongly defends the advantage of operationalization and applied research in economics and touches upon important policy implications. Therefore, it is a must-read both for the scientist and for the policy researcher in the field of innovation and technological change. --Manfred Paier, Journal of Artificial Societies and Social Simulation

About this edition

• Publisher: Edward Elgar Publishing
• Publication date: 2011
• ISBN 10: 1848442564
• ISBN 13: 9781848442566
• Binding: Hardcover
• Number of pages: 576
• Editor: Antonelli Cristiano