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An important challenge to evolutionary economics consists of how to tackle with the dramatic tension between purposeful human action and the ‘blindness’ of evolutionary processes. On the one hand, economic action, if rational, has to be planned (which implies purposeful ordering of the means...
Persistent link: https://www.econbiz.de/10005456407
We are interested on why and how an economic system evolves and, in particular, on the causes of the differences across systems of innovation (SI). SI’s performance differs substantially because there are specific causes at work, apart from the differences in the underlying technologies,...
Persistent link: https://www.econbiz.de/10009145816
The interactive implementation of agents’ intentional actions generates new combinations that are at the base of structural change and complexity and produce unexpected consequences. An interesting case of study is provided by the absorption of new technology strategies for development. A...
Persistent link: https://www.econbiz.de/10010895265