A critical realist interpretation of evolutionary growth theorising

Castellacci, Fulvio (2005): A critical realist interpretation of evolutionary growth theorising.

Abstract

The article discusses a critical realist interpretation of evolutionary growth theorising by focusing on some of its basic characteristics. The evolutionary ontology is complex, differentiated, structured, systemic, open, ever-changing, and radically uncertain. Its methodology tends to be increasingly based on appreciative theorising, retroductive explanations and interdisciplinary analysis. After discussing these features, the article suggests that critical realism may indeed constitute an important philosophical and methodological foundation for the future development of evolutionary theories of economic growth.

• Item Type: MPRA Paper
• Language: English
• Keywords: Critical realism, evolutionary economics, innovation, economic growth
• Subjects: B - History of Economic Thought, Methodology, and Heterodox Approaches > B5 - Current Heterodox Approaches > B52 - Institutional ; Evolutionary; O - Economic Development, Innovation, Technological Change, and Growth > O3 - Innovation ; Research and Development ; Technological Change ; Intellectual Property Rights > O30 - General; B - History of Economic Thought, Methodology, and Heterodox Approaches > B4 - Economic Methodology > B41 - Economic Methodology

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