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Learning and Innovation in Organizations and Economies$
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Bart Nooteboom

Print publication date: 2001

Print ISBN-13: 9780199241002

Published to Oxford Scholarship Online: October 2011

DOI: 10.1093/acprof:oso/9780199241002.001.0001

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Innovation, Entrepreneurship, and Competence

Innovation, Entrepreneurship, and Competence

Chapter:
(p.52) 3 Innovation, Entrepreneurship, and Competence
Source:
Learning and Innovation in Organizations and Economies
Author(s):

Bart Nooteboom

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199241002.003.0003

Economics literature has mostly treated learning only in a very limited sense of increasing efficiency on the basis of experience or obtaining information from others. Most mainstream economics is unfit to deal with the issue of learning in the sense of innovation and discovery. More useful are non-mainstream or non-standard branches of economics: Austrian/Schumpeterian economics, the resource-competence view of firms, evolutionary economics, and institutional economics. This chapter focuses on the first two.

Keywords:   organizational learning, mainstream economics, Austrian economics, Schumpeterian economics, resource-competence view, knowledge

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