The behavioral theory of the firm has been acknowledged as one of the most fundamental pillars on which evolutionary theorizing in economics has been built. Nelson and Winter’s 1982 book is pervaded by the philosophy and concepts previously developed by Cyert, March and Simon. On the other...

The debate on the ontological foundations of evolutionary economics has reached a stage where discussions of these foundations are increasingly leading to the conclusion that there is a need to move from considerations of the general principles of evolutionary theory to the development of...

Does evolutionary theory help, for a theory of the firm, or, more widely, a theory of organization? In this paper I argue that it does, to some but also limited extent. Evolutionary theories of economies, and of culture, have acquired considerable following, but have also been subject to...