Knowledge about knowledge since Nelson & Winter: a mixed record
RePEc: Research Papers in EconomicsPublished 1 June 2002
Keith Pavitt
Citations24
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Abstract
Progress in our understanding of the role of knowledge in the economy, based on Nelson and Winter's book published in 1982, has been mixed. It has been greatest when their concepts have been enriched by empirical evidence, often coming from outside evolutionary economics. It has been least when discussions have been mainly theoretical, and constrained within evolutionary economics.
Keywords
Social SciencesEconomics, Econometrics and Finance
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