This paper presents and discusses two case studies in the Portuguese motor vehicle industry – Salvador Caetano’s Ovar Industrial Division (SCOID), a ‘Brownfield site’ with minority Toyota ownership; and Autoeuropa, a ‘Greenfield site’ wholly owned by Volkswagen. Basically, it...

These couple of pages discuss upon the retroactive influence (Systemic Retroactive game, or SyR) between people’s behaviour and environment. The latter is intended as physical environment (type of cities, climate, geography…), normative environment (laws), moral environment (religions,...

From an Latin American perspective, a framework has been developed with input from social studies of technology (SST) and the complex systems evolutionary economics (EE) to address issues related to innovation processes, technological change and development in this region. The framework operates...

The main theoretical problems of meso-economic system development have been analyzed in this article. For this purpose the system theory, synergetic and gomeostatic approaches, the main principles of dialectics (especially principle contradiction) have been used. Meso-systems (including economic...

Mathematics has been extremely effective in physics, but not in economics beyond finance. To establish economics as science we should follow the Galilean method and try to deduce mathematical models of markets from empirical data, as has been done for financial markets. Financial markets are...

Recent developments in innovation theory and policy have led policymakers to assign particular importance to supporting networks of cooperation among heterogeneous economic actors, especially in production systems composed of small and medium enterprises. Such innovative policies call for...

Banking-financial institutions are organizations which might be included in the category of complex systems. Consequently, they can be applied after adaptation and particularization, in the general description and assessment methods of the technical or organizational systems. The...

Banking-financial institutions are organizations which might be included in the category of complex systems. Consequently, they can be applied after adaptation and particularization, in the general description and assessment methods of the technical or organizational systems. The...

Convergence and synchronisation of business and growth cycles are important issues in the efficient formulation of euro area economic policies, and in particular European Central Bank (ECB) monetary policy. Although several studies in the economics literature address the issue of synchronicity...

This paper draws on institutional and evolutionary economics and contributes to an approach to environmental policy which diverges from mainstream prescriptions. The 'socio-technical system' is the core concept: this is a complex made of co-evolving institutions, technologies, markets and actors...