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Persistent link: https://www.econbiz.de/10009325783
Several social scientists, including `evolutionary economists', have expressed scepticism of `biological analogies' and rejected the application of `Darwinism' to socio-economic evolution. Among this group, some have argued that self-organisation is an alternative to biological analogies or...
Persistent link: https://www.econbiz.de/10005760527
The present article provides a minimal description of the causal structure of economic selection theory and outlines how the internal selection dynamics of business organisations can be reconciled with selection in competitive markets. In addition to generic similarity in terms of the Darwinian...
Persistent link: https://www.econbiz.de/10005760566
In a recent paper, Matthias Kelm (1997) accepts that `Schumpeter's definition of evolution does not contain any Darwinian mechanism such as natural selection or any other biological concept' and that Schumpeter `made no such attempt' to apply `Darwinian theory to economic evolution'. However,...
Persistent link: https://www.econbiz.de/10005169462
Persistent link: https://www.econbiz.de/10005622412