The neo-Schumpeterian approach to innovation and Keynes’s probability: initial explorations

ABSTRACT The aim of the paper is to show that Keynes’s concept of probability can enrich the understanding of the process of the introduction of innovation offered by the Neo- Schumpeterian approach. To deal with uncertainty Neo-Schumpeterians introduce the concept of routines. What is suggested her...

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Bibliographic Details
Main Author: MARCO CROCCO
Format: Article
Language:English
Published: Editora 34 2022-04-01
Series:Brazilian Journal of Political Economy
Subjects:
Online Access:http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31571999000400581&tlng=en