The neo-Schumpeterian approach to innovation and Keynes’s probability: initial explorations

Detalhes bibliográficos
Autor(a) principal: CROCCO,MARCO
Data de Publicação: 1999
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Revista de Economia Política
Texto Completo: http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31571999000400581
Resumo: ABSTRACT The aim of the paper is to show that Keynes’s concept of probability can enrich the understanding of the process of the introduction of innovation offered by the Neo- Schumpeterian approach. To deal with uncertainty Neo-Schumpeterians introduce the concept of routines. What is suggested here is that the concepts of Degree of Rational Belief and Weight of Argument, which come from the Keynes theory of probability, when used together with the concept of routines, help understand the rationality of the decision-making process in introduction of an innovation.
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spelling The neo-Schumpeterian approach to innovation and Keynes’s probability: initial explorationsNeo-Schumpeterian analysisuncertaintyinnovationprobabilityABSTRACT The aim of the paper is to show that Keynes’s concept of probability can enrich the understanding of the process of the introduction of innovation offered by the Neo- Schumpeterian approach. To deal with uncertainty Neo-Schumpeterians introduce the concept of routines. What is suggested here is that the concepts of Degree of Rational Belief and Weight of Argument, which come from the Keynes theory of probability, when used together with the concept of routines, help understand the rationality of the decision-making process in introduction of an innovation.Centro de Economia Política1999-10-01info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersiontext/htmlhttp://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31571999000400581Brazilian Journal of Political Economy v.19 n.4 1999reponame:Revista de Economia Políticainstname:EDITORA 34instacron:EDITORA_3410.1590/0101-31571999-1076info:eu-repo/semantics/openAccessCROCCO,MARCOeng2022-04-27T00:00:00Zoai:scielo:S0101-31571999000400581Revistahttps://centrodeeconomiapolitica.org.br/repojs/index.php/journalONGhttps://centrodeeconomiapolitica.org.br/repojs/index.php/journal/oai||cecilia.heise@bjpe.org.br1809-45380101-3157opendoar:2022-04-27T00:00Revista de Economia Política - EDITORA 34false
dc.title.none.fl_str_mv The neo-Schumpeterian approach to innovation and Keynes’s probability: initial explorations
title The neo-Schumpeterian approach to innovation and Keynes’s probability: initial explorations
spellingShingle The neo-Schumpeterian approach to innovation and Keynes’s probability: initial explorations
CROCCO,MARCO
Neo-Schumpeterian analysis
uncertainty
innovation
probability
title_short The neo-Schumpeterian approach to innovation and Keynes’s probability: initial explorations
title_full The neo-Schumpeterian approach to innovation and Keynes’s probability: initial explorations
title_fullStr The neo-Schumpeterian approach to innovation and Keynes’s probability: initial explorations
title_full_unstemmed The neo-Schumpeterian approach to innovation and Keynes’s probability: initial explorations
title_sort The neo-Schumpeterian approach to innovation and Keynes’s probability: initial explorations
author CROCCO,MARCO
author_facet CROCCO,MARCO
author_role author
dc.contributor.author.fl_str_mv CROCCO,MARCO
dc.subject.por.fl_str_mv Neo-Schumpeterian analysis
uncertainty
innovation
probability
topic Neo-Schumpeterian analysis
uncertainty
innovation
probability
description ABSTRACT The aim of the paper is to show that Keynes’s concept of probability can enrich the understanding of the process of the introduction of innovation offered by the Neo- Schumpeterian approach. To deal with uncertainty Neo-Schumpeterians introduce the concept of routines. What is suggested here is that the concepts of Degree of Rational Belief and Weight of Argument, which come from the Keynes theory of probability, when used together with the concept of routines, help understand the rationality of the decision-making process in introduction of an innovation.
publishDate 1999
dc.date.none.fl_str_mv 1999-10-01
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dc.identifier.uri.fl_str_mv http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31571999000400581
url http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31571999000400581
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv 10.1590/0101-31571999-1076
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv text/html
dc.publisher.none.fl_str_mv Centro de Economia Política
publisher.none.fl_str_mv Centro de Economia Política
dc.source.none.fl_str_mv Brazilian Journal of Political Economy v.19 n.4 1999
reponame:Revista de Economia Política
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collection Revista de Economia Política
repository.name.fl_str_mv Revista de Economia Política - EDITORA 34
repository.mail.fl_str_mv ||cecilia.heise@bjpe.org.br
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