The book constitutes a scholarly critique to mainstream economic thinking represented broadly under the neoclassical term. Fundamental to the note and style in which the paper is constructed is the fact that the author considers his reaction to orthodox economics as a constructive discussion...

Faced with the pressures of a modern, open society, the traditional economic approach has become a top subject of debate among economic thinkers and business planners. Nowadays, more and more authors bring collateral arguments to analyse the concept of wellbeing. We bring to attention a new way...

The recurrence of economic crises serves to illustrate the limits of neoclassical economics and the contemporary established models. Modern-day economic developments are highly influenced by the theory of complexity. In terms of thermodynamics, the inputs of the process consists in economically...

Innovation remains a complex concept that can't be analysed and researched by ignoring the definition and influences of all aspects and interactions which were identified in the innovation cycle. Consequently the paper initiate the development of a modern methodological framework to be applied...