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This paper presents and discusses the methodological rationale, the basic structure and some first results of a new approach to the analysis of processes of industry evolution: "history-friendly" models, concerning the history of the computer industry. The specific purpose of this paper is to...
Persistent link: https://www.econbiz.de/10005481597
Many of the points argued in this old paper have withstood the tests of time. The economic contribution of basic research is to enable or facilitate downstream invention. The range of inventions that may be facilitated by basic research is unpredictable, but often large. For these reasons, it is...
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Sequestration of carbon has gained increased attention in recent years because of environmental and economic motives. This study examined the economic feasibility of using reduced-tillage (RT) and notillage (NT) rather than conventional-tillage (CT) to sequester soil carbon with the use of...
Persistent link: https://www.econbiz.de/10011167420
Costs and net returns for conventional tillage (CT), reducedtillage (RT) and no-tillage (NT) are evaluated for five cropping systems: continuous soybean, a soybean-grain sorghum rotation, a soybean-wheat rotation, continuous grain sorghum and continuous wheat, over a period of increasing input...
Persistent link: https://www.econbiz.de/10011167551
This paper proposes that economic development can fruitfully be understood as an evolutionary process, in the sense that it involves the introduction to the economy of many new ways of doing things, a good portion of which fail, with the ones that survive providing the basis for the next round...
Persistent link: https://www.econbiz.de/10011266354