1st Edition

Technological Change and Network Effects in Growth Regimes Exploring the Microfoundations of Economic Growth

By Torsten Heinrich Copyright 2013
384 Pages 88 B/W Illustrations
by Routledge

384 Pages 88 B/W Illustrations
by Routledge

384 Pages 88 B/W Illustrations
by Routledge

In this new volume it is argued that network effects are much more common than usually assumed, and that they have a profound impact on many aspects of economic systems, especially technological change and economic growth. The analysis and modelling of this interrelationship is the central focus of this book. While there exists a vast body of literature on economic growth, the theories put... Read more

1. Introduction: The Poor Craftsman and the Wealthy Inventor  2. Methods for an Analysis of Economic Growth and Network Effects  3. A Literature Review: Models of Economic Growth  4. Network Economies  5. A Complex Model of Growth, Technological Change, and Network Effects  6. Case Study: The ICT-Sector and Economic Growth  7. Conclusions: The Technologies, the Networks, and the Next Wave of Growth

Biography

Torsten Heinrich is Postdoctoral Lecturer and Research Assistant in the Faculty of Business Studies and Economics at the University of Bremen, Germany.

'Will be read with profit, even by experts in the fields of economics of innovation, economic dynamics (cycles and growth), agent-based modelling, the IT industry, and the micro foundations of macroeconomics. The author’s compact simulation models are studded all over with sockets for plugging in one’s own lines of research.' — Colin Richardson, Adjunct Professor of Economics, Centre for International Security Studies, University of Sydney