NDLI: Schumpeter and Schumpeterians on competition: some policy implications

Content Provider	Springer Nature Link
Author	Arena, Richard
Copyright Year	2016
Abstract	The purpose of the paper is to investigate three issues. First, the paper tries to understand the definition of competition and hence the type of competition policy that can be drawn from the modern so-called Neo-Schumpeterian literature. We will see that this literature is abundant and diversified. In spite of its variety, it has also common features regarding the theory of competition as well as competition policy. Secondly we will also emphasize the various aspects of Schumpeter’s legacy that were or are under-estimated by his contemporary followers concerning the concept of competition. We will argue that these aspects are not negligible and that they may also influence the impact of Schumpeter’s own contribution to the characterization but also the criticism of present developments that claim to build a conception of competition policy in line with Schumpeter’s original message. Finally, and more generally, we will stress how Schumpeter’s and Neo-Schumpeterian developments and preoccupations in the field of competition can help us to enlighten the present developments related to competition and industrial policies and to set up their limits.
Starting Page	161
Ending Page	186
Page Count	26
File Format	PDF
ISSN	09369937
Journal	Journal of Evolutionary Economics
Volume Number	27
Issue Number	1
e-ISSN	14321386
Language	English
Publisher	Springer Berlin Heidelberg
Publisher Date	2016-11-25
Publisher Place	Berlin, Heidelberg
Access Restriction	One Nation One Subscription (ONOS)
Subject Keyword	Competition Competition theory Competition policy Evolution Selection Creative destruction Economic rationality Economic sociology Institutional/Evolutionary Economics Economic Theory/Quantitative Economics/Mathematical Methods Microeconomics Economic Growth R & D/Technology Policy Entrepreneurship
Content Type	Text
Resource Type	Article
Subject	Economics and Econometrics Business, Management and Accounting

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