The paper gives attention to the question of whether the development of evolutionary theories in biology over the last twenty years has any implications for evolutionary economics. Though criticisms of Darwin and the modern synthesis have always existed, most of them have not been widely...

Agents interacting on a body of water choose between technologiesto catch …sh. One is harmless to the resource, as it allows full recovery;the other yields high immediate catches, but low(er) future catches.Strategic interaction in one ‘objective’resource game may induceseveral ‘subjective’...

Strong growth in disposable income has driven, and is still driving, consumption to unprecedented,but not sustainable levels. To explain the dynamic interplay of needs, need satisfaction, andinnovation underlying that growth a behavioral theory of consumption is suggested and discussedwith...

There is currently much hope about environmental innovation and green technologies, notablyas a response to the threat of climate change. This paper offers a critical perspective on the roleof technological innovation to solving environmental problems, based on considering empiricaleconomic...

Inter-rm competition has received much attention in the theoreticalliterature, but recent empirical work suggests that the growth rates of ri-val rms are uncorrelated, and that rm growth can be taken as an essen-tially independent process. We begin by investigating the correlations of thegrowth...

Our empirical literature review shows that little is known about how firm performance changes withage, presumably because of the paucity of data on firm age. For Spanish manufacturing firms, weanalyse the firm performance related to firm age between 1998 and 2006. We find evidence thatfirms...

Necessity spin-offs are organized by employees of incumbent firms to escape deterioratingjob conditions. This paper proposes a conceptual model of the spin-off process. Necessityspin-offs are distinguished from opportunity spin-offs on the basis of their triggering events.An empirical analysis...