|Por||Pedro P. Romero (publicado en 2010-06-01 por maalsaenz )|
|Publicado y/o Presentado en:||
Romero, Pedro, Capital as an Evolving Network in Society (October 31, 2008).
|Social network analysis and graph theoretical elements are incorporated into the Austrian Capital theory in order to capture in a better way its core concepts. In doing so, Austrian economics is opening its fort turning it into a town where economists with a certain degree of uneasiness with the neoclassical approach to economic growth or development can participate. The main result of this theoretical attempt is that: the greater the number of relational ties among firms, the more complex, and the more productive will be the underlying production process of an evolving capital network. Two examples from social network analysis about Silicon Valley and financial ties in Chicago area are presented.|