BazEkon - Biblioteka Główna Uniwersytetu Ekonomicznego w Krakowie

BazEkon home page

Meny główne

Autor
Lipieta Agnieszka (Cracow University of Economics)
Tytuł
The Role of Imitative Mechanisms within the Economic Evolution
Źródło
Economics and Business Review, 2018, vol. 4 (18), nr 4, s. 64-82, bibliogr. 32 poz.
Słowa kluczowe
Teoria ewolucyjna w ekonomii, Ewolucja zarządzania, Kapitał własny, Formy własności przedsiębiorstwa, Przekształcenia własnościowe, Zarządzanie
Evolutionary theory in economics, Evolution of management, Ownership capital, Types of business ownership, Ownership transformations, Management
Uwagi
Klasyfikacja JEL: D41, D50, O31
summ.
Firma/Organizacja

Abstrakt
In the light of Schumpeter's pioneering vision of economic evolution the innovations and innovative entrepreneurs play a fundamental role in the economic development. However, imitations and producers-imitators are essential in diffusing and adapting innovations into the economic exchange processes. In this context the aim of the paper is to model and analyse some properties of imitative mechanisms appearing within the economic evolution. Innovative and imitative mechanisms defined in Hurwicz's conceptual apparatus are analysed in the economy determined by the use of topological tools usually applied in the general equilibrium theory. As a result it is shown that, in the economy under study, imitative mechanisms are the reasons for and the consequences of innovative mechanisms as well as that the innovative and imitative processes can coexist in the framework of the same innovative mechanism. Moreover it is proven that under some assumptions equilibrium in the economic system analysed can be obtained as a consequence of either of an innovative or an imitative mechanism. (original abstract)
Dostępne w
Biblioteka Główna Uniwersytetu Ekonomicznego w Krakowie
Biblioteka Szkoły Głównej Handlowej w Warszawie
Biblioteka Główna Uniwersytetu Ekonomicznego w Katowicach
Biblioteka Główna Uniwersytetu Ekonomicznego w Poznaniu
Pełny tekst
Pokaż
Bibliografia
Pokaż
  1. Acemoglu, D. (2009). Introduction to modern economic growth. Princeton and Oxford: Princeton University Press.
  2. Adamowicz, Z. & Zbierski, P. (1997). Logic of mathematics: A modern course of classical logic. New York: Wiley.
  3. Aghion, P. & Howitt, P. (1992). A model of growth through creative destruction. Econometrica, 60, 323-351.
  4. Aghion, P.& Howitt, P. (1998). Endogenous growth theory. Cambridge and London: MIT Press.
  5. Arrow, K. J . & Debreu, G. (1954). Existence of an equilibrium for a competitive economy. Econometrica 22, 265-290.
  6. Bessen, J. & Maskin, E. (2009). Sequential innovation, patents, and imitation. Journal of Economics, 40(4), 611-635. https://doi.org/10.1111/j.1756-2171.2009.00081.x.
  7. Bolton, M. K. (1993). Imitation versus innovation. Lessons to be learned from the Japanese. Organizational Dynamics, 21(3), 30-45. https://doi.org/10.1016/0090- 2616 (93)90069-d.
  8. Cantner, U. (2016). Foundations of economic change-an extended Schumpeterian approach. Journal of Evolutionary Economics, 26, 701-736. doi: 10.1007/s00191- 016-0479-z.
  9. Cheney, E. W. (1966). Introduction to approximation theory. New York: McGraw Hill.
  10. Ciałowicz, B. & Malawski, A. (2011). The role of banks in the Schumpeterian innovative evolution-an axiomatic set-up. In: A. Pyka, F. Derengowski & M. da Graca (Eds.), Catching up, spillovers and innovations networks in a Schumpeterian perspective (pp. 31-58). Springer.
  11. Ciałowicz, B. & Malawski, A. (2016). The logic of imitative processes: imitation as secondary Innovation - an axiomatic Schumpeterian analysis. Argumenta Oeconomica Cracoviensia, 15, 43-56. doi: 10.15678/AOC.2016.1503.
  12. Debreu, G. (1959). Theory of value. New York: Wiley.
  13. Glass, A. J. (2010). Imitation as a stepping stone to innovation. College Station: Department of Economics, Texas A&M University.
  14. Herrmann-Pillath, C. (2013). Foundations of economic evolution. Cheltenham, Northampton, Massachusetts: Edward Elgar.
  15. Hurwicz, L. (1987). Incentive aspects of decentralization. In: K. J. Arrow, M. D. Intriligator (Eds.), Handbook of mathematical economics, vol. 3. Amsterdam, Netherlands.
  16. Hurwicz, L. & Reiter, S. (2006). Designing economic mechanism. New York: Cambridge University Press.
  17. Lipieta, A. (2013). Mechanisms of Schumpeterian evolution. In: A. Malawski (Ed.), Innovative economy as the object of investigation in theoretical economics (pp. 94- 119). Cracow: Cracow University of Economics Press.
  18. Lipieta, A. & Malawski, A. (2016). Price versus quality competition: In search for Schumpete-rian evolution mechanisms. Journal of Evolutionary Economics, 26(5), 1137-1171. doi:10.1007/s00191-016-0470-8.
  19. Lipieta, A. & Malawski A. (2018). Comparative analysis of mechanisms of Schumpeterian evolution. Journal of Entrepreneurship, Management and Innovation, 14, 7-28.
  20. Mas-Colell, A., Whinston, M. D. & Green J. R. (1995). Microeconomic theory. Oxford: Oxford University Press.
  21. Mukoyama, T. (2003). Innovation, imitation, and growth with cumulative technology. Journal of Monetary Economics, 50(2), 361-380. https://doi.org/10.1016/s0304- 3932(03)00005-9.
  22. Nelson, R. (2016), Behavior and cognition of economic actors in evolutionary economics. Journal of Evolutionary Economics, 26, 737-751. doi: 10.1007/s00191-015- 0431-7.
  23. Nelson, R. R., & Winter, S. (1982). An evolutionary theory of economic change. Cambridge, Mass.: Belknap Press of Harvard University Press.
  24. Romer, D. (2012). Advanced macroeconomics (4th edition). New York: McGraw-Hill.
  25. Rossi, J. P. (2003). Innovation, imitation and entrepreneurship; the introduction and diffusion of the homeowners policy, 1944-1960. In: Essays in Economic and Business History (vol. XXI), published by the EBHS and Department of History the University of Mississippi. www.ebhsoc.org/journal/index.php/journal/article/ viewFile/104/99l.
  26. Safarzyńska, K. & van den Bergh, J. C. J. M. (2010). Evolutionary models in economics: A survey of methods and building blocks. Journal of Evolutionary Economics, 20(3), 329-373. https://doi.org/10.1007/s00191-009-0153-9.
  27. Schumpeter, J. A. (1912). Die Theorie der wirtschaftlichen Entwicklung. Leipzig: Duncker & Humblot. English translations: The theory of economic development, Cambridge: Harvard University Press 1934 and A Galaxy Book, New York, Oxford University Press 1961.
  28. Schumpeter, J. A. (1964). Business cycles: A theoretical, historical, and statistical analysis of the capitalist process. New York, London: McGraw-Hill.
  29. Segerstrom, P. S. (1990). Innovation, imitation and economic growth. Econometrics and Economic Theory Paper No. 8818. East Lansing: Michigan State University.
  30. Shenkar, O. (2010, April). Defend your research: Imitation is more valuable than innovation. Harvard Business Review, 28-29.
  31. Shionoya, Y. (2007). Schumpeterian universal social science. In: H. Hanusch., A. Pyka (Eds.), Elgar Companion to Neo Schumpeterian Economics (pp. 55-65). Cheltenham, Northampton, MA: Edward Elgar.
  32. Simon, H. A. (1955). A behavioural model of rational choice. The Quarterly Journal of Economics, 69(1), 99-118.
Cytowane przez
Pokaż
ISSN
2392-1641
Język
eng
URI / DOI
http://dx.doi.org/10.18559/ebr.2018.4.4
Udostępnij na Facebooku Udostępnij na Twitterze Udostępnij na Google+ Udostępnij na Pinterest Udostępnij na LinkedIn Wyślij znajomemu