Innovation in the Age of the Fuggers

The Fugger firm was one of the most diversified international, not to say global, players in the early modern era. The firms’ success was based on a number of inventions, product novelties and social innovations, improvements in logistics. The Augsburg fi

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Guido Buenstorf · Uwe Cantner Horst Hanusch · Michael Hutter Hans-Walter Lorenz · Fritz Rahmeyer Editors

The Two Sides of Innovation Creation and Destruction in the Evolution of Capitalist Economies

Economic Complexity and Evolution Series Editors: Uwe Cantner, Jena, Germany Kurt Dopfer, St. Gallen, Switzerland John Foster, Brisbane, Australia Andreas Pyka, Stuttgart, Germany Paolo Saviotti, Grenoble, France

For further volumes: http://www.springer.com/series/11583

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Guido Buenstorf • Uwe Cantner Horst Hanusch • Michael Hutter Hans-Walter Lorenz • Fritz Rahmeyer Editors

The Two Sides of Innovation Creation and Destruction in the Evolution of Capitalist Economies

Editors Guido Buenstorf University of Kassel Kassel, Germany

Uwe Cantner Friedrich-Schiller-University Jena Jena, Germany

Horst Hanusch University of Augsburg Augsburg, Germany

Michael Hutter Social Science Research Center Berlin Berlin, Germany

Hans-Walter Lorenz Friedrich-Schiller-University Jena Jena, Germany

Fritz Rahmeyer University of Augsburg Augsburg, Germany

ISBN 978-3-319-01495-1 ISBN 978-3-319-01496-8 (eBook) DOI 10.1007/978-3-319-01496-8 Springer Cham Heidelberg New York Dordrecht London Library of Congress Control Number: 2013954971 © Springer International Publishing Switzerland 2013 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. Exempted from this legal reservation are brief excerpts in connection with reviews or scholarly analysis or material supplied specifically for the purpose of being entered and executed on a computer system, for exclusive use by the purchaser of the work. Duplication of this publication or parts thereof is permitted only under the provisions of the Copyright Law of the Publisher’s location, in its current version, and permission for use must always be obtained from Springer. Permissions for use may be obtained through RightsLink at the Copyright Clearance Center. Violations are liable to prosecution under the respective Copyright Law. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. While the advice and information in this book are believed to be true and accurate at the date of publication, neither the authors nor the editors nor the publisher can accept any legal responsibility for any errors or omissions that may be made. The publisher makes no warranty, express or implied, with respect to the material contained herein. Printed on acid-free

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