Eco-mechanisms within economic evolution: Schumpeterian approach

Artikel

Supporting ecological innovations and economic activities which lead to environmental protection is one of the important challenges to decision-makers. The above is related to the problem of specification of mechanisms resulting in introducing ecological innovations to the economy. The original vision of the economic evolution determined by innovation was firstly presented by Joseph Schumpeter who identified essential innovative changes as well as indicated different mechanisms governing the economic evolution. The aim of the paper is to suggest a cohesive topological approach maintained in the stream of Schumpeter's thought, to study changes in the economy, which result in the elimination of at least one harmful commodity or technology from the market, by incorporating Hurwicz apparatus in a suitably modified competitive economy. Qualitative properties of mechanisms which can occur within the economic evolution are also analyzed.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Journal: Journal of Economic Structures ; ISSN: 2193-2409 ; Volume: 10 ; Year: 2021 ; Pages: 1-31 ; Heidelberg: Springer

Classification and Topics

• Classification: Wirtschaft ; Market Structure, Pricing, and Design: Perfect Competition ; General Equilibrium and Disequilibrium: General ; Innovation and Invention: Processes and Incentives
• Subject: Eco-innovation ; Eco-mechanism ; Economic evolution ; Ökologie ; Innovation ; Technischer Fortschritt ; Evolutionsökonomik ; Schumpeterismus ; Wettbewerbstheorie

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Lipieta, Agnieszka ; Malawski, Andrzej
• Event: Veröffentlichung
• (who): Springer
• (where): Heidelberg
• (when): 2021

Further information

• DOI: doi:10.1186/s40008-021-00234-8
• Handle: http://hdl.handle.net/10419/261605
• Last update: 10.03.2025, 11:41 AM CET