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The purpose of this paper is to contribute to recent efforts to ground evolutionary theory in economics in the principles of Universal Darwinism. The paper will contrast two views of evolution, based on the Ultra-Darwinian and Naturalist theory of biological evolution, both of which are...
Persistent link: https://www.econbiz.de/10014094313
Innovation is the major driver of economic growth and development. To analyze innovation processes the restriction of a … framework suited to the analysis of innovation towards the industrial sphere of an economy is not sufficient because of the … important co-evolutionary dimensions of innovation. Instead, a comprehensive economic theoretical approach is needed which …
Persistent link: https://www.econbiz.de/10003877639
they are tapped, and the revealed outcomes in terms of advances in production techniques and product characteristics … in industries where technological and organizational innovation is important. Indeed a large literature has grown up on … ways they evolve over time. Another domain concerns the nature of competition in such industries, wherein innovation and …
Persistent link: https://www.econbiz.de/10014025173
This is an entirely new draft of the sixth chapter of my book 'Foundations of Evolutionary Economics' which is going to be published by Edward Elgar in due course. With permission of the publisher, the draft chapters are posted on the web to facilitate academic discussion for further...
Persistent link: https://www.econbiz.de/10013092584
The process of globalization causes an increasing intensity of institutional competition, i.e. competition among national suppliers of institutional arrangements for mobile factors. This often leads to the conclusion that the competence of national economic policy actors is decreasing. As a...
Persistent link: https://www.econbiz.de/10011526763
Complexity economics has developed into a powerful empirical, theoretical, and computational research program in the last three decades, advancing more realistic economics. It converges with longstanding heterodox schools, and its theoretical and empirical findings are consistent with older...
Persistent link: https://www.econbiz.de/10011660103
Persistent link: https://www.econbiz.de/10013416429
Persistent link: https://www.econbiz.de/10009658694
The evolutionary turn in economic geography has led to increasing emphasis on coevolution among technologies, organizations and territories. The weakness of this approach, however, is a focus on broad coevolutionary pictures that pays little attention to coordination processes that guide...
Persistent link: https://www.econbiz.de/10012750175
scientific self-organization is a mutual production process between scientific actors and structures. Scientific systems are self …-organizing units that perform the production of theories and truths by the way of a productive, circular causal duality of scientific … categorized as genuinely scientific practices (innovation, dissemination, scientific interchange, funding-related activities …
Persistent link: https://www.econbiz.de/10014029538