Evolutionary economics is a vital, expanding field of research focusing on the incessant transformation of the economy and its driving forces. Exploring the most recent research trends in the field, this volume presents a high quality set of papers indispensable to scholars and researchers...

Modern economies never come to rest. From institutions to activities of production, trade, and consumption, everything is locked in processes of perpetual transformation - and so are our daily lives. Why and how do such transformations occur? What can economic theory tell us about these changes...