"Scientific management" is the label Frederick Taylor attached to the system of management devised by him. In this article we present our discovery of very different "scientific" management principles that were developed roughly concurrently with Taylorism by German physicist Ernst Abbe, then...

The adequate role of Darwinist concepts in evolutionary economics has long been a contentious issue. The controversy has recently been rekindled and modified by the position of "Universal Darwinism", most prominently favored by Geoffrey Hodgson and Thorbjørn Knudsen. They argue that the...

Most economic production models are restricted to relationships between input and output quantities. In the presence of technological change, these models do not capture all relevant information on production processes. As the present paper aims at demonstrating, even a stylized representation...

Entry by spinoffs from incumbent firms is investigated for the laser industry. A model in which spinoffs exploit knowledge from their parents is constructed to explain the types of firms that spawn spinoffs, the market conditions conducive to spinoffs, and the relationship of spinoffs to their...