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The fact that innovative capitalism needs institutional co-evolution has widely been recognized with respect to pro … providing indispensable systemic infrastructure. These adaptations facilitate the innovative expansion of capitalism. Less … innovative capitalism and the emergence of critical situations that require re-active institutional adaptations will be discussed …
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It has been suggested that, by generalizing Darwinian principles, a common foundation can be derived for all scientific disciplines dealing with evolutionary processes, especially for evolutionary economics. In this paper we show, however, that the principles of such a Generalized Darwinism are...
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An evolutionary perspective on economic behavior has to account for the influences that the human genetic endowment has on the choices the agents make. Likely to have been fixed in times of fierce selection pressure, this endowment is presumably adapted to the living conditions of early humans....
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