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DC FieldValueLanguage
dc.contributor.authorDopfer, Kurten_US
dc.date.accessioned2006-10-05en_US
dc.date.accessioned2010-05-14T11:16:31Z-
dc.date.available2010-05-14T11:16:31Z-
dc.date.issued2006en_US
dc.identifier.urihttp://hdl.handle.net/10419/31822-
dc.description.abstractThe paper unravels the subversive nature of Schumpeter’s proposition that entrepreneurs carry out innovations (the micro level), that swarms of followers imitate them (meso) and that, as a consequence, ‘creative destruction’ leads to economic development ‘from within’ (macro). It is argued that Schumpeter paved the way for a new micro–meso–macro framework in economics. Centre stage is meso. Its essential characteristic is bimodality, meaning that one idea (the generic rule) can be physically actualised by many agents (a population). Ideas can relate to others, and, in this way, meso constitutes a structure component of a ‘deep’ invisible macro structure. Equally, the rule actualisation process unfolds over time – modelled in the paper as a meso trajectory with three phases of rule origination, selective adoption and retention – and here meso represents a process component of a visible ‘surface’ structure. The universal macro measure with a view to the appropriateness of meso components is generic correspondence. At the level of ideas, its measure is order; at that of actual relative adoption frequencies, it is generic equilibrium. Economic development occurs at the deep level as transition from one generic rule to another, inducing a change of order, and at the surface level as the new rule is adopted, destroying an old equilibrium and establishing a new one. The final third of the paper discusses a few of the rich set of major contributions to the Neo-Schumpeterian – micro-meso-macro - programmeen_US
dc.language.isoengen_US
dc.publisherMax-Planck-Inst. für Ökonomik Jenaen_US
dc.relation.ispartofseriesPapers on economics and evolution 0610en_US
dc.subject.jelA11en_US
dc.subject.jelA12en_US
dc.subject.jelB12en_US
dc.subject.jelB52en_US
dc.subject.jelB53en_US
dc.subject.jelE11en_US
dc.subject.jelM13en_US
dc.subject.jelO11en_US
dc.subject.jelO12en_US
dc.subject.jelO31en_US
dc.subject.jelO33en_US
dc.subject.ddc330en_US
dc.subject.keywordMesoeconomicsen_US
dc.subject.keywordMicro-Meso-Macro-Frameworken_US
dc.subject.keywordSchumpeterian Economicsen_US
dc.subject.keywordEvolutionary Ontology Length 44 pagesen_US
dc.titleThe origins of meso economics: Schumpeter's legacyen_US
dc.typeWorking Paperen_US
dc.identifier.ppn518423085en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:Papers on Economics and Evolution, MPI für Ökonomik

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