discusses three very old "cosmologies" in Western thought, how these play out in economic theory, and how evolutionary biology … can help evaluate their validity and policy relevance. These cosmologies, as manifested in economic theory are, (1 …

theory of innovation and later - based on Penrose - to resource-based theories of the firm. In this the dynamic process of … theory of the firm. -- Economic evolution ; Schumpeter and Marshall ; Generalized Darwinism ; Evolutionary theory of the firm …