in industries where technological and organizational innovation is important. Indeed a large literature has grown up on … ways they evolve over time. Another domain concerns the nature of competition in such industries, wherein innovation and … briefly flag some fundamental aspects of economic growth and development as an innovation-driven evolutionary process. …

example in which more rational agents systematically perform worse than less rational ones. -- Innovation ; Endogenous Growth …

' activities of search and innovation, while aggregate demand formation and distribution follows Keynesian dynamics. Interactions …