Evolutionary economics in the initial version of Nelson and Winter is concentrated on the analysis of the evolution of industries and markets and in that entrepreneurial innovation activities. But a theory of the firm beneath the level of the industry is not taken into account to a large extent....

The focus of evolutionary economics is a process of continuous economic and organizational change. Currently there is no agreement on the explanation of economic evolution. Rather there are competing interpretations. To achieve a common understanding of economic evolution, from the perspective...

Die evolutorische Theorie des wirtschaftlichen Wandels in der verbreitetsten Version von Nelson und Winter hat eine eigenständige Theorie der Unternehmung anfangs nur bruchstückhaft entwickelt. Sie basiert auf der behaviouristischen Theorie der Unternehmung und der Innovationstheorie von...

The evolutionary theory of economic change in the predominant version of Nelson and Winter has originally put forward an independent theory of the firm only fragmentary. It rests upon the behavioural theory of the firm and the innovation theories of Marshall and Schumpeter. The object of this...