Abstract
The objective of this paper is to propose a theoretical approach in order to analyze the economic development joining it with the Theory of Regulation, the Old Institutionalism by Veblen and the Neo-Schumpeterian Economic Evolutionary Theory. The text congregates the concepts of innovation, routine and technological revolution, showing that the growth depends on the enterprise to the macroeconomic planning trough the technical progress. With the Regulation Theory, the instructional ways have to be adequate to supply the encouragement to the technological innovation and to take advantage of the opportunities open by the current revolution. To this analysis, the notion of Veblen’s thought habits are added, which in the macroeconomic development plans they represent the routines and affect the innovation inside the company. The habits are still the macroeconomic regulation maintenance, because it strengthens the confirmation of institutional ways that can affect the accumulation of capital and the technological development. In conclusion, the development can be understood throughout institutional ways of agent habits of innovation and technical progress.
Keywords
Economic development; Neo-Schumpeterian; Institutionalism by Veblen; Theory of regulation
