October 1985
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24 Reads
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63 Citations
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October 1985
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24 Reads
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63 Citations
November 1984
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27 Reads
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1,740 Citations
Canadian Journal of Economics/Revue Canadienne d`Economique
November 1984
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292 Reads
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9,936 Citations
American Journal of Agricultural Economics
January 1982
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1,423 Reads
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20,090 Citations
Administrative Science Quarterly
January 1982
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91 Reads
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2,120 Citations
Southern Economic Journal
... Our research effort has prepared three initial simulation models to investigate the capitalist dynamic. In this line of investigation, our group follows the methodological advice from Nelson and Winter (1982); commenting on "the nature of fruitful theorizing in economics", they suggest a combination between "appreciative theory" and "formal theory", as improvements on one side may contribute to better understanding on the other side (Nelson and Winter, 1982, pp. 45-47). ...
November 1984
Canadian Journal of Economics/Revue Canadienne d`Economique
... One view holds that more productive firms experience faster growth. For instance, some theories suggest that productive firms drive out less productive competitors (Nelson and Winter 1982;Silverberg et al. 1988;Aghion et al. 2014), while others propose that these firms generate higher revenues, which are then reinvested to fuel further growth. Additionally, productivity can intensify competition (Aghion et al. 2014), further stimulating economic growth. ...
November 1984
American Journal of Agricultural Economics
... 405). Underlying the concept of clean energy innovation are the evolutionary theory of innovation in Nelson and Sidney (1982) and the ecological modernization theory (EMT) of Joseph Huber (Spaargaren, 1997). The first holds that the activities that lead to technological change are the search for better technologies and the selection of successful innovations in the market (Ruttan, 1997). ...
October 1985
... Schumpeter [20] states that innovation is a major driver of a country's economic dynamism; the diffusion of an innovation is driven by the aggregate behavior of individuals as well as by interactions between individuals, thus providing a society with a unique social culture through the generation of new innovations. This factor accelerates not only economic growth, but also other factors such as international competitiveness, environmental sustainability, and improvements in a country's welfare [21]. ...
January 1982
Southern Economic Journal
... Production is a set of tasks executed by humans and technologies (labour and capital) but within an organization which has some properties. A large literature adopts institutional and evolutionary perspectives to understand the technology-employment nexus (Dosi & Nelson, 2010;Nelson & Winter, 1982). The firm is part of a specific context, by its past and its institutional environment (norms, regulations, networks, etc.); a firm has routines which can be defined by a set of organizational practices and collective capacity. ...
January 1982
Administrative Science Quarterly