Producers' Optima in Schumpeterian Evolution
The paper presents a production system in the Debreu model of general equilibrium. According to Schumpeter, economic development is possible only on the strength of innovations being introduced. This process provides a sequence of optimal production plans, corresponding to each stage of the innovat...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Krakow University of Economics
2018-04-01
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| Series: | Zeszyty Naukowe Uniwersytetu Ekonomicznego w Krakowie |
| Subjects: | |
| Online Access: | https://krem.uek.krakow.pl/index.php/krem/article/view/1456 |