Most economic theories, which are based on concepts of equilibria and closed systems, do not sufficiently manage to describe the dynamics of the economic process. The Austrian economist Schumpeter already formulated at the beginning of the 20th century that revolutionary innovations are often...

This chapter sketches a strategic map of a selection of the relevant issues at the intersection of economics, psychology, sociology, and evolutionary theories applied to strategic management. It takes an evolutionary complexity perspective, based on a (manageable) selection of the relevant...

The first part of the paper discusses modeling social systems from an evolutionary perspective. The main problems for evolutionary modeling, differentiation and structural change, possible approaches to these problems as well as hindrances to successful modeling are discussed. It is found that...

The main problem that a scientist encounters in analyzing the interaction between socio-economic and technological evolution is emergence. Emergence denotes the occurrence of unforeseen events, patterns of behavior. Shortly it is the surprise information that derails accepted knowledge....

In this paper I try to show how an integrated evolutionary and mainstream economics could be developed using the fields of organization and technology. At this beginning stage I do not give more than tentative hints, but these in a hopefully comprehensive way. The focus of interest in this essay...

The aim of this paper is to sketch a strategic map of some of the relevant issues at the intersection of economics, sociology and evolu- tionary theories of development. The unit of evolution is taken from psychological personal construct theory. Methodologically, a successful integration of...

This papers addresses the evolutionary characteristics of social processes from a perspective of the history of economics. The case of Alchian’s (1950) paper on ’Uncertainty and Evolution’ and the ensu- ing debate is used to illustrate how actors’ perception influenced developments in...

The paper develops a formal evolutionary framework for organizational change. It argues that strategizing is part of a learning process that can be captured using evolutionary concepts illustrated by the example of globalization processes. These lead to entry and encounters of organizations of...

Strategy research has often – though not always – focused on the connections between the elements of strategy, structure, conduct and performance (e.g. Chandler 1962, Rumelt 1974). However, issues in competitive strategy research are how to link individual-level perceptions and actions to...